HNA’s Swissport Hires Houlihan Lokey to Advise on Debt

Caixin Global | Apr 4, 2020 at 4:40 AM
  • ― Swissport International AG, the airport ground services business owned by beleaguered Chinese conglomerate HNA Group Co., hired advisers to review its debt as passenger air traffic grinds to a halt amid the coronavirus pandemic.
  • Swissport is considering a restructuring of its 1.6 billion euros ($1.7 billion) of debt.
  • Swissport’s junior debt collapsed 41 cents on the euro to 5 cents Friday.