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Your search for Debt found the following documents (of 52086 documents searched):
Displaying documents 9-16 of 436, with best matches first:
- 9. Mandarin Oriental Completes Purchase of Property on Rue St Honore, Paris
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Mandarin Oriental has completed the purchase of the freehold interest in the building housing Mandarin Oriental, Paris and two prime street front retail units from Société Foncière Lyonnaise for €290 million (US$388.9 million). The transaction was partly funded by new five-year €150 million (US$201.1 million) debt facilities, with the balance from the group’s cash reserves.
- 10. Flight Centre Secures AU$900 Million in Additional Funding
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Flight Centre Travel Group (FCTG) has secured AU$900 million through a mix of capital raising and new debt facilities. The strengthened balance sheet and liquidity complements initiatives to cut costs implemented by FCTG to help overcome the unprecedented travel and trading restrictions imposed by governments in response to the COVID19 pandemic.
- 11. BAA to Strengthen Financial Structure of its London Airports
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BAA to Strengthen Financial Structure of its London Airports. The injection will consist of £200 million of new equity from shareholders and £300 million from BAA Airports Limited and FGP Topco Limited, the ultimate holding company of BAA, which is jointly owned by BAA’s three controlling shareholders. The funding will be used to pay down debt, strengthen the group’s medium-term fi
- 12. Sabre Completes Radixx Acquisition
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Sabre has completed its acquisition of Radixx, a leading airline retailing software provider with an established presence in the low cost carrier (LCC) space. Sabre purchased Radixx for approximately $110 million, including payments to debt holders, using cash on hand.
- 13. Air Astana Operating Profit Increases by 35% in 2014
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Kazakhstan’s flag carrier, Air Astana, has reported an operating profit of US$97.7 million in 2014, an increase of 35% over 2013 and the highest in the company’s 13 year history. Net profit fell by 62% to US$19.3 million due to a one-off revaluation of external debt of US$49 million caused by the devaluation of the Kazakh Tengue by 19% in February 2014. Passenger traffic rose by 3%
- 14. UAE signs Cape Town Convention as Air Finance Sector Feels the Pressure
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UAE signs Cape Town Convention as Air Finance Sector Feels the Pressure. The UAE’s accession to the Cape Town Convention means that one of the world’s most buoyant aviation markets can benefit from access to lower cost debt for aircraft financing. The UAE has some of the fastest air traffic growth rates in the world with six international airports, the busiest being Dubai which aim
- 15. Hilton to Sell Morgan Stanley Real Estate 10 Hotels in Continental Europe
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Hilton to Sell Morgan Stanley Real Estate 10 Hotels in Continental Europe. Hilton Hotels has signed an agreement to sell up to 10 hotels (approx. 3,330 rooms) to a fund managed by Morgan Stanley Real Estate for approximately €566 million (or approximately US$770 million). Assuming completion of the sale of all 10 hotels, net proceeds after property level debt repayment (approx. €41
- 16. Green Light for Austrian Airlines - Lufthansa Merger
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Green Light for Austrian Airlines - Lufthansa Merger. The European Commission has approved the merger of the Austrian Airlines Group and Lufthansa, as well as the contribution to be made by Österreichische Industrieholding AG (ÖIAG) to the relief of Austrian Airlines’ debt (restructuring aid).
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