Fraport uses favorable capital market conditions to increase its financial scope
Fraport AG’s executive board member for finance (CFO), Dr. Matthias Zieschang, commented on the successful offering: “We are delighted by the strong investor interest and confidence in our company. The additional funds generated will increase our strategic liquidity reserves and provide management with further scope for projects such as the continued expansion of Fraport’s international portfolio.” As owner and manager of Frankfurt Airport (FRA), Fraport AG operates one of the largest transportation hubs in the world and is also active at 10 other airports on four continents – including Lima (LIM) in Peru, Xi’an (XIY) in China, and Antalya (AYT) in Turkey. In 2014, Fraport has already expanded its portfolio twice by acquiring U.S.-based Airmall Group (which markets retail space at North American airports) and by winning the bid for a majority stake in Aerodrom Ljubljana, the operating company that runs Ljubljana Airport (LJU) in Slovenia.
MEDIA CONTACT: Fraport AG Frankfurt Airport Services Worldwide, Robert A. Payne, B.A.A. – International Spokesman and Head of International Press/PR & External Activities Team, Press Office (UKM-PS), Corporate Communications, 60547 Frankfurt, Germany; Tel.: +49 69.690.78547; E-mail: email@example.com ; Internet: www.fraport.com