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 İstanbul Gelisim Vocational School - myo@gelisim.edu.tr

Civil Aviation Transportation Management








 İGA Istanbul Airport Received Financing Model Award


5 billion 852 million Euro Loan Facility for the Refinancing of Public-Private Cooperation Airport Project Finance, which IGA realized in 2021, was selected as the "Infrastructure Finance Deal of the Year" by Bonds, Loans and Sukuk Turkey, and was deemed worthy of the award.


Selahattin Bilgen, CFO of IGA Airport Operations, received the "Infrastructure Finance Deal of the Year" award on behalf of IGA at the 8th Bonds & Loans Turkey Awards held at the Bonds, Loans and Sukuk Turkey 2022 Conference. Bilgen said that this refinancing transaction, which was completed last year, is one of the 46 deals that made it to the finals in 23 categories among a total of 307 transactions.
Expressing that they are extremely happy that the refinancing transactions were deemed worthy of the award, Bilgen said, “We reached an agreement for our 5 billion 852 million Euro refinancing transaction in May 2021, and we extended the maturity of our loan by two years and reduced the interest rate. While we realized 5 billion 852 million Euros of refinancing with banks, we also reduced our financing costs.” In addition, Bilgen stated that the IGA airport is a vision project of Turkey, that despite being a young company, they are the largest and global transfer base on the world scale, and that they keep up with a sustainable life.
İGA Havalimanları İşletmesi A.Ş. In 2015, Ziraat Bank signed a loan agreement of 4.5 billion Euros with a maturity of 16 years with Halkbank, VakıfBank, DenizBank, QNB Finansbank and Garanti BBVA Bank.
Source: https://www.airturkhaber.com/haberler/igaya-refinansman-odulu/