Adani Enterprises Inches Higher After Adani Airports Raises $750 Million Fund for Expansion
- On June 6, 2025, Adani Enterprises’ airport management arm secured $750 million from a group of international banks to fund airport capacity expansion and to refinance existing loans.
- The fundraising followed Adani Group's acquisition of six airports and its plan to upgrade infrastructure and increase capacity amid growing passenger demand.
- In the financial year 2024-25, Adani Airports handled 94 million travelers and currently operates with a capacity of 110 million passengers, with plans to increase this capacity to 300 million annually by 2040 through phased expansions.
- CEO Arun Bansal highlighted that the confidence shown by prominent international financiers reflects the enduring promise and significance of India's aviation infrastructure.
- The funding will refinance $400 million of existing debt and support capacity expansion and non-aeronautical business growth at six airports including Ahmedabad and Jaipur.
15 Articles
15 Articles
Adani Airports clinches USD 750 million global financing: Here's how company plans to use proceeds
Adani Airports Holdings Ltd (AAHL), the country's largest private airport operator, has raised USD 750 million through external commercial borrowing (ECB) from a consortium of international banks. AAHL, a subsidiary of Adani Enterprises Ltd, has raised this amount from First Abu Dhabi Bank, Barclays PLC and Standard Chartered Bank. The company will use this amount to refinance existing debt, invest in infrastructure upgradation and expand capaci…
Adani Enterprises inches higher after Adani Airports raises $750 million fund for expansion
Adani Enterprises shares rose 0.8% after subsidiary AAHL secured $750 million through ECBs. The funds will enhance airport infrastructure and expand capacity, targeting 300 million passengers annually by 2040. Despite recent gains, the stock remains 30% below its 52-week high.
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