Malaysia Airports and Cheung Kong spice up loans pipeline

Malaysia Airports is this week expected to launch syndication for a €500 million loan, while Cheung Kong will meet lenders this month as part of its reorganisation.

Malaysia Airports and Cheung Kong spice up loans pipeline

Malaysia Airports, which counts sovereign fund Khazanah as a major shareholder, is expected to begin syndicating a 500 million $588 million loan for its Turkish airport this week.

Malaysia Airports, which last year bought an additional 40% stake in Istanbul Sabiha Gokcen Airport for 279 million and is rated A3 by Moody's, is looking to refinance the debt owed by Turkey's second-largest airport on better terms.

Istanbul Sabiha Gokcen Airport...

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