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12 January 2010
Home  » EMEA  » Structured Finance
    SMBCE provides London Gatwick Airport acquisition financing  
SMBCE has closed a deal with Global Infrastructure Partners (GIP) for the acquisition of Gatwick Airport Limited.

The consortium led by GIP, who also own London City Airport, secured £1.125bn of financing for the 100% share capital from BAA and future capital expenditure programme.

SMBCE was appointed MLA and bookrunner in the transaction club of 12 banks.

The sale followed a Competition Commission ruling and has received EU merger regulation clearance. GIP has indicated plans to upgrade and modernise the airport.


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  Global Infrastructure Partners