LBA lands £160m NatWest funding to keep expansion on right flight path

Leeds Bradford Airport has received a £160m financing package towards its ongoing terminal expansion and upgrade project.

- by Charles Gray

The funding, from NatWest, is a “significant milestone” towards the development of the £100m LBA: REGEN project.

The first phase is scheduled to be completed in time for the summer holidays, when passengers will be welcomed into the newly extended terminal. Phase two of the project will see a full refurbishment of the existing terminal building.

Led by NatWest’s Debt Advisory team, the £160m transaction involved a “comprehensive, end-to-end execution process” that delivered a flexible and bespoke financing structure tailored to the airport’s evolving needs.