Latham & Watkins Advises on London City Airport’s Refinancing
Latham & Watkins has advised a diverse group of international banks as funders of London City Airport, on the refinancing of £490 million in senior debt facilities. London City Airport is London’s most central and convenient airport, benefitting from a range of revenue streams across aviation and non-aviation.
The funding will be used to refinance London City Airport’s existing debt and support future growth initiatives. Recent infrastructure investments have further expanded London City Airport’s capacity and improved the passenger experience.
The Latham team was led by London infrastructure partners Seonaid Todisco and Conrad Andersen, with associates Sarah Cheng and Isobel Moffatt. Advice on derivatives matters was provided by London counsel Delyth Hughes, with associates Nick Surry and Fadzai Ramwi; and on tax matters by London partner Karl Mah, with associate Abigail Abbott.