April 20 (Reuters) - Australia's Sydney Airport Holdings (SYD) said on Monday it secured additional bank debt facilities worth A$850 million ($539.92 million) to cushion the business hit from the coronavirus, which has caused a 45% slump in March traffic.
With the new facilities, Sydney Airport said it now has combined liquidity of A$2.8 billion and is targeting capital investment of between A$150 million and A$200 million for a year starting April 1.
The company said total traffic in March fell 45.1% to 2 million passengers, while international traffic tanked almost 48% to just 700,000 passengers from a year earlier.
($1 = 1.5743 Australian dollars)
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