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Aerodome lands funding for OMA deal


Aerodome lands funding for OMA deal
Aerodome lands funding for OMA deal
Investor group gets $353 mln in credit and $62 mln in cash from affiliate Fintech to buy a stake in the Mexican airport operator
EquityLoansCapital MarketsMexicoEurope
Aerodrome Infrastructure said it secured financing to buy a stake in Mexican airport operator Grupo Aeroportuario del Centro Norte, which goes by the initials OMA. 
Fintech Investments, part of Fintech Holdings, will supply a MXN7.01 billion ($353 million) loan to cover 85% of the deal, while Fintech itself will provide MXN1.24 billion to cover the remaining 15%, Aerodrome said in a securities filing. The 10.5-year loan charges a fixed interest rate of 6% per year, Aerodrome added.  ....

Rodrigo Alonso Cruz , Grupo Aeroportuario Del Centro Norte , Fintech Holdings , Rodrigo Alonso , Fintech Investments , ஃபிண்டெக் ஹோல்டிங்ஸ் , ரோட்ரிகோ அலோன்சோ , ஃபிண்டெக் முதலீடுகள் ,

VC investment in fintech doubles in H2 2020: KPMG


VC investment in fintech doubles in H2 2020: KPMG
MANAMA, 1 days
ago
Overall global fintech funding across M&A, PE and VC was $105 billion across 2,861 deals in 2020: the third highest level of investment in fintech ever, said professional services firm KPMG in a new report.
With the exception of M&A – which saw deal value drop over 50 percent (from $130 billion in 2019 to $61 billion in 2020) – the overall fintech market proved remarkably resilient in 2020 despite a broad array of uncertainties, from the global pandemic to the US presidential election, according to the Pulse of Fintech H2 20, the bi-annual report on global fintech investment trends. ....

Manav Prakash , Mahesh Balasubramanian , Financial Services Sector , Td Ameritrade , Financial Services , Tradearabia News Service , Charles Schwab , United Kingdom Based Revolut , Fintech Investments , Open Banking , Early Stage , Late Stage , Tradearabia News , Middle East Trade News , Gcc Business News , Industry News , Trade News , Business Directory , Project News , Premium Content , மனவ் பிரகாஷ் , மகேஷ் பாலசுப்ரமணியன் , நிதி சேவைகள் துறை , ட் அமெரிற்றதே , நிதி சேவைகள் , சார்லஸ் ஸ்க்வாப் ,