ECONOMY

Athens airport operator secures 665.6 mln euro bond loan from Piraeus, NBG

Athens airport operator secures 665.6 mln euro bond loan from Piraeus, NBG

Athens International Airport (AIA), the operator of Greece’s biggest airport, has secured a 665.6 million euro ($758.85 million) bond loan from Piraeus and National Bank, Piraeus bank said on Wednesday.

AIA will use the funds to finance part of a 1.1 billion euro deal with Greece’s privatisation agency for extending the operation of the airport by 20 years to June 2046, Piraeus bank said in a statement. [Reuters]