MZLZ Jsc, the consortium responsible for the operation of Zagreb airport has reached financial close on EUR 199.9 million (US$ 224 million) project´s debt financing on August 5, 2019. The consortium consists of six shareholders: Aeroports de Paris Management – 20.77% Bouygues Batiment International – 20.77%, Fond Marguerite – 20.77%, IFC – 17.58%, TAV Airports – 15.0% and Viadukt d.d. – 5.11%.

In the refinancing, the European Bank of Reconstruction and Development (EBRD) is disbursing EUR 57.8 million (US$ 64.74 million) project finance loan. The remaining debt will be provided by Commercial banks Intesa San Paolo, OTP Bank, Siemens Bank, and UniCredit on 15-year amortizing package.

The concession contract includes the financing, design and construction of a 65,000 sqm airport terminal to replace the current one now at saturation point, and the operating of the entire airport for close to 30 years; including the runways, the current passenger terminal during the entire construction period, the new terminal once it is completed, the cargo terminal, car parks and future property developments.