ACSA seeks support for R11bn in new debt

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ACSA seeks support for R11bn in new debt eNCA

"New debt of R10-billion to R11-billion is required in the next five years and this will require shareholder support in the form of government guarantees," ACSA said in a presentation to lawmakers.The operator, which also holds concessions at Sao Paulo's Guarulhos International Airport and Chhatrapati Shivaji International Airport in Mumbai, said about R3-billion in guarantees would be required over the next three years.

Between 2021 and 2023 its capital expenditure budget is seen at R17.9-billion as it develops major projects, such as a new runway and terminal at

 

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HeidiGiokos Well let's see if tito will give them, if he does what about saa, because acsa won't survive without saa higher fees they were charging saa tito_mboweni

Let Makhandakhanda give them

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