The shareholders of Budapest Airport (BUD) together with the airport management have successfully signed amended and restated financing documents.
Infrastructure/PPP news in Hungary
John Laing Group plc, the international originator, active investor and manager of infrastructure projects, announces the completion of the disposal of its 30% shareholding in MAK Mecsek Autopálya Koncessziós Zrt., the operator of part of the M6 road in Hungary, for cash consideration of €26.2 million (US$27.9 million), adjusted for both a distribution received by John Laing after the sale was agreed, and interest accrued on the consideration (before costs).
Aberdeen Asset Management's Infrastructure Funds has acquired a 49.99% stake in Intertoll Europe’s PPP portfolio for ZAR633.2 million (US$47 million).
Bilfinger has sold its shares of 40 percent and 45 percent respectively in the privately financed motorway projects M6 Duna and M6 Tolna in Hungary.
A SPV led by AviAlliance, a vehicle of Canada's Public Sector Pension Investment Board (PSP Investments) has refinanced €1.4 billion (US$1.775 billion) of debt facilities for Budapest Airport in Hungary.