HSBC funds Otopeni Airport

Bucharest-Otopeni International Airport Company will negotiate with British bank HSBC Plc the terms of a loan worth 16.19 million euros, aimed at modernising the airport. “Negotiations with HSBC will start soon and we hope to finalise them as soon as possible,” Mihai Basulescu, general manager of the Bucharest-Otopeni International Airport Company (CN AIBO) told Mediafax. According to Basulescu, the 16.19 million euros would be the third credit granted by the British institution to CN AIBO in the last nine years. The two previous loans were worth $59 million and 40 million euros, Basulescu stated. Mediafax