US EditionAdani Airports Secures $1 Billion Liftoff for Expansion Plans
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Adani Airports Holdings Limited (AAHL), a subsidiary of Adani Enterprises, has raised a $1 billion loan for Mumbai International Airport Limited (MIAL). The deal was led by a group of international investors, including Apollo-managed funds and other long-term international investors. $750 million notes issued Under this loan, MIAL has issued $750 million notes, which will mature in July 2029. The proceeds will be used to repay existing debt. It …
Adani Airports Secures $1 Billion Liftoff for Expansion Plans
For its Mumbai International Airport Ltd. (MIAL), Adani Airports Holdings Limited (AAHL) was able to obtain $1 billion in funding through a project finance framework.AAHL is the biggest private airport operator in India and a fully owned subsidiary of Adani Enterprises Ltd. Adani Airport Holdings is the parent company of MIAL. According to the statement, a group of long-term backers and affiliates of Apollo-managed funds contributed $750 million…
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