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Adani Airports clinches USD 750-mn global financing to power next phase of growth

New Delhi, Jun 4 (PTI) Adani Airports Holdings Ltd (AAHL), India's largest private airport operator, on Wednesday said it has secured USD 750 million in financing from a consortium of international banks, including First Abu Dhabi Bank, Barclays, and Standard Chartered, to finance the next phase of growth. The proceeds to be utilised towards refinancing [ ]
Adani Airports Holdings Ltd (AAHL) has secured a $750 million sustainability-linked financing package from multiple global banks to support its expansion and operational enhancements across its network of airports in India. This financial boost, led by BNP Paribas, DBS Bank, and Mitsubishi UFJ Financial Group, aims to fund capital expenditure and refinance existing debt, aligning with AAHL's commitment to sustainable development. The funding will help AAHL, which operates seven airports including Mumbai and Ahmedabad, to improve infrastructure and services, thereby enhancing passenger experience and operational efficiency. This move is part of a broader strategy to position Adani Airports as a leader in the aviation sector, focusing on sustainability and growth.

Read the Full ThePrint Article at:
[ https://theprint.in/economy/adani-airports-clinches-usd-750-mn-global-financing-to-power-next-phase-of-growth/2647264/ ]