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Swissport Group secures €325 million in financing to fund the acquisition of Aerocare

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Swissport International Ltd.

Swissport Group secured €325 million in financing to fund the acquisition of Aerocare, the leading aviation services and airport infrastructure services in Australia and New Zealand.
Swissport is the world’s largest provider of ground and air cargo services in the aviation industry. It operates across 315 airports around the world with a work force in excess of 68,000 people.
Fasken advised Swissport Group in connection with the financing of the acquisition of Aerocare by way of a €325 million incremental Term Loan B facility provided by Barclays.
The Fasken team was led by John Elias and included Félix Gutierrez and Ao Chen (banking & finance) and Gabriel Castiglio, (corporate finance) and Lu Chen