News

Laga assists HNA Group with the financing of Swissport Group shares and assets acquisition

Taking on your challenges

3 March 2016

Laga assisted HNA Group with the financing of the acquisition of Swissport Group shares and assets from its current private equity owners (PAI Partners).

Laga assisted in relation to the negotiation (for matters of Belgian law) and conclusion of a EUR 660 Million term loan, a CHF 150 Million revolving credit facility, and assisted with the negotiation (for matters of Belgian law) and issuance of a EUR 400 Million senior secured notes and a EUR 290 Million senior notes.

Laga also assisted with the accession of Swissport Cargo Services Belgium (a Belgian subsidiary within Swissport Group), specifically with the respective accession documents and the drafting, negotiation and conclusion of the security documents and corporate documentation.

The Laga team was led by Werner Van Lembergen and included Laurent Godts, Léopold Meyers and Dagmar Wageman.

Did you find this useful?