Swissport’s owner, struggling Hainan-based conglomerate HNA has agreed to a restructuring that will see €1.9 billion of debt to be converted into equity, or written off, while the airport services firm also receives an €900 million in additional liquidity Debt-holders have agreed that €1.9 billion of debt will be converted into equity or extinguished, Swissport said in a statement on Monday. The Switzerland-based company has also finalised a €500 million long-term facility and a €300 million additional interim facility. Swissport said in a statement that secured a significant injection of new capital and a substantial reduction of its debt from the deal,
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