BAA completed the long-awaited £13.3 billion ($24.81 billion) refinancing of its seven UK airports, which it said will provide "a stable, long-term, investment grade financing platform for investment in [London] Heathrow, Gatwick and Stansted airports over the coming decades." Included is £3 billion of committed facilities to fund immediate investment projects across the seven airports: LHR, STN, LGW, Edinburgh, Glasgow International, Aberdeen and Southampton. The refinancing ...

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