Loan spat puts London Southend Airport ownership in doubt
The owner of London Southend Airport (LSA) is locked in a legal row over demands to repay a near £200m loan, four years before its maturity date. US private equity group Carlyle is seeking to force an early repayment of a loan of just under £200m provided to the owner of London Southend Airport, alleging multiple breaches of contract. Aviation group Esken, which owns LSA, and Carlyle Global Infrastructure Fund have been embroiled in a...
