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According to the bank website, the proposed IFC investment involves a two-year bridge loan to Fraport TAV Antalya Yatirim, Yapim ve Isletme A.S. (“FTA” or “the Company”), 51% owned by TAV Airports Holdings and 49% by Fraport AG (“the Sponsors”), said to partly finance the payment of EUR1.8 billion in concession fees to the General Directorate of State Airports Authority (“DHMI’) and 499m EUR in CAPEX for the construction of a new terminal required over the next two years for the expansion and operation of the Antalya Airport (“AYT” or “the Airport”).
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
- | - | - | - | Fraport TAV Antalya Yatirim, Yapim ve Isletme A.S. | Client | Infrastructure |
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