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.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached