Tuesday, 22 September 2020

London Gatwick airport: waiver agreement on financial covenants

London Gatwick airport: waiver agreement on financial covenants

In August 2020, London Gatwick airport, a 50.01% subsidiary of VINCI Airports, entered into discussions with its lenders, in light of the forecast impact on tis financial covenants.

Given the exceptional circumstances affecting air travel, they approved with a large majority the company’s request to temporarily waive its financial covenants.

Further information is available here:
https://https://www.londonstockexchange.com/news-article/79IU/announcement-of-results/14694784





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