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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.95 | 0.86% | 111.10 | 110.60 | 111.70 | 112.30 | 110.55 | 112.20 | 995,286 | 16:40:00 |
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.
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