News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Banks shrug off terrorist threat to BAA funding

Banks, investors and rating agencies have shrugged off the impact of last week's thwarted terrorist attacks on the imminent launch of a £9bn (€13bn) loan by Spanish construction group Ferrovial to fund its acquisition of UK airports operator BAA.

The foiled bomb plot came as a five-bank syndicate was putting the finishing touches on the £8.97bn loan to fund the £10.1bn leveraged acquisition of BAA by a Ferrovial-led consortium.

WSJ Logo