• Newcastle Airport has closed a £364 million five-year refinancing package to support long-term growth, infrastructure upgrades, and enhanced passenger experience.
• The deal includes a £20 million Green Loan to fund Net Zero Carbon initiatives by 2035.
• Backed by major banks including Barclays, Lloyds, and HSBC, the agreement signals strong lender confidence and will drive sustainable investment across the North East’s key air gateway.

Newcastle Airport has secured a new £364m five-year financing facility to refinance its bank debt and support its long-term growth ambitions.

The agreement will enable significant capital investment in customer facilities and infrastructure to enhance the passenger experience and meet growing demand.

As part of the agreement, the Airport has made a strong commitment to sustainability targets, including reducing emissions, improving recycling rates and maintaining Airport Carbon Accreditation.

The package also includes a £20m Green Loan dedicated to projects that will help the business achieve Net Zero Carbon status by 2035.

Barclays, Lloyds, Santander and AIB have joined the Airport’s banking group, alongside existing lenders NatWest, HSBC and the Development Bank of Japan (DBJ).

The refinancing was completed with support from the Airport’s advisors: NatWest Debt Advisory (financial adviser), A&O Shearman (legal adviser), HSBC (hedging) and Barclays (sustainability adviser).

Mark Hunt, Chief Financial Officer at Newcastle Airport, said: “We are pleased to have completed the refinancing process. The process attracted very strong interest from lenders, demonstrating the market’s confidence in the Airport and our long-term strategy.

“The agreement not only delivers more favourable interest rates but will enable us to continue to deliver our investment plans, enhance the customer experience, attract new airlines and routes and achieve our sustainability goals.”

Justin Symonds, Managing Director at InfraBridge, said: “The new financing package gives the Airport the flexibility to advance its growth strategy and invest in critical infrastructure. We look forward to continuing our partnership as the Airport enters its next phase.”

Cllr Tracey Dixon, Leader of South Tyneside Council and Chair of the LA7 Airport shareholders, said: “As shareholders, we are pleased to see Newcastle Airport secure this landmark refinancing agreement, which will unlock vital investment in facilities and infrastructure for the North East.

“The Airport is a crucial gateway for our region, providing essential connectivity for residents, businesses, and visitors, and linking the North East to key destinations across the UK and beyond.

“The Airport’s commitment to sustainability and Net Zero by 2035 is a source of real pride for our region, and this deal will help ensure that Newcastle continues to deliver world-class connectivity, support thousands of local jobs and drive economic growth for our communities. We look forward to seeing the benefits of these investments for passengers, businesses and the wider region in the years ahead.”

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