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]