Deals
HNA’s Swissport to Hire Houlihan Lokey to Advise on Debt
- Airport handler appoints Houlihan Lokey, White & Case
- Bond prices collapsed after adviser appointment news
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Swissport International AG, the airport ground services firm owned by beleaguered Chinese conglomerate HNA Group Co., hired advisers to review its debt as passenger air traffic grinds to a halt because of coronavirus restrictions.
The company appointed boutique financial services firm Houlihan Lokey Inc. and lawyers White & Case LLP to help the firm “strengthen its financial position,” it said on Friday.