The FINANCIAL — Moscow Domodedovo Airport and Raiffeisen Bank International AG signed a contract for lending 38 million EUR for 5 years.
Domodedovo Airport plans to use the funds to finance the construction of multi-level parking area of 126 000 sq m in the framework of long-term development of the airport territory.
Moscow Domodedovo Airport managed to attract competitive long-term funding despite the closure of external public markets and rise of borrowing costs for Russian companies.
«Domodedovo Airport is a cornerstone of the Moscow region’s transport infrastructure. Being financing partner of Domodedovo’s expansion, RBI contributes to both the airport’s and the region’s development», — said Anton Fischer, Raiffeisen Bank International’s Head of Corporate Customers CIS/SEE.
The operation of multi-level parking with 3,600 parking spaces located within easy reach by the second segment of passenger terminal is planned by 2017. As a result of this project the total capacity of a wide parking network of private vehicles will be about 9,600 parking spaces, according to Domodedovo Airport.
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