Buy
Sell
Share Name Share Symbol Market Type
Vinci EU:DG Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.46 0.62% 74.26 74.00 74.32 75.68 72.80 73.74 1,225,782 16:40:00

London Gatwick Airport, Lenders Agree to Temporarily Waive Financial Covenants

22/09/2020 6:29pm

Dow Jones News


Vinci (EU:DG)
Historical Stock Chart


From Sep 2020 to Oct 2020

Click Here for more Vinci Charts.
   By Mauro Orru 
 

Vinci SA said Tuesday that London's Gatwick airport and its lenders reached an agreement to temporarily waive the airport's financial covenants.

The airport--which is owned by Vinci's subsidiary Vinci Airports and a consortium of investors managed by Global Infrastructure Partners--swung to a loss for the first half of the year as revenue plunged amid a drop in passenger numbers due to coronavirus-related travel restrictions.

The airport, the U.K.'s second largest, unveiled plans in late August to cut around 600 jobs.

 

Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94

 

(END) Dow Jones Newswires

September 22, 2020 13:14 ET (17:14 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Vinci Chart

1 Year Vinci Chart

1 Month Vinci Chart

1 Month Vinci Chart
ADVFN Advertorial
Your Recent History
EU
DG
Vinci
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V:gb D:20201020 21:46:55