Editorial Details

Editorial

29 Sep 2015 BBA Aviation Acquisition of Landmark Aviation

 BBA Aviation Acquisition of Landmark Aviation - BBA Aviation is a fixed base operator meaning it provides aircraft servicing facilities at airports, particularly for the corporate jet market. The UK based company, which is the largest in its field, is in the process of buying the third biggest company, Landmark Aviation. Landmark is currently owned by private equity giant Carlyle. The acquisition is being financed by a combination of debt facilities and a fully underwritten rights issue. Slaughter and May is advising on both financing transactions.