BRUSSELS FIRST REVEALS FINANCING FUTURE

This article on finance issues at Brussels International Airport (BIAC) first focuses on the airports new consortium-led owners. The 735 million Euro deal is a visible evolution in infrastructure financing the article states, because the loans can be traded on the open market. The author explains credit ratings for airports and their influence on debt investors, as well as BIACs weaknesses in competition with nearby airports. A number of graphs detail BIACs financial health and caveats to growth predictions of 3.9 over five years. The article concludes with Standard and Poors introduction of recovery ratings, meaning for the first time, the market has access to an independent indication of how a business will be valued in the event of difficulties.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00022853
• Corporate Authors:

  Key Publishing, Limited

  P.O. Box 100
  Stamford,   United Kingdom  PE9 1XQ
• Authors:
  • Lemmos, M
• Publication Date: 2005-3

Language

• English

Media Info

• Features: Photos;
• Pagination: p. 38-39
• Serial:
  • Airports International
  • Volume: 38
  • Issue Number: 2
  • Publisher: Key Publishing, Limited
  • ISSN: 0002-2853

Subject/Index Terms

• TRT Terms: Airports; Credit; Financing
• Identifier Terms: Brussels International Airport
• Subject Areas: Aviation; Finance; Terminals and Facilities;

Filing Info

• Accession Number: 00988293
• Record Type: Publication
• Source Agency: UC Berkeley Transportation Library
• Files: BTRIS, TRIS
• Created Date: Apr 1 2005 12:00AM