Australian infrastructure manager Macquarie is to provide a long-term debt finance facility to Bristol Airport.
Macquarie Infrastructure Debt Investment Solutions has created a £45 million nominal note that matures in 2030. It is the second airport financing from Macquarie following a £115 million inflation-linked note maturing in 2036 which it developed for Heathrow airport. Tom Van Rijsewijk, associate director at Macquarie, said: “Bristol Airport is an asset that offers an attractive investment opportunity for our institutional and pension fund clients. It is an established infrastructure business with a resilient operating history and a strong management team.”
Macquarie said it has raised over £1.5 billion for its infrastructure debt strategy, which targets investment-grade issuers in sectors such as utilities, renewables, transport and social housing.