Pestalozzi advises on the financial restructuring of Swissport
Pestalozzi has advised global financial institutions on all Swiss law aspects of the successful completion of the financial restructuring of Swissport.The financial restructuring involved a debt to equity swap whereby US and European-based financial investors as senior secured creditors acquired ownership of the Swissport group from HNA, a global enterprise group based in China. The restructuring also involved the granting of new credit facilities, including a EUR 500 million term loan facility.
