NEW DELHI: Adani Airports Holdings (AAHL) Wednesday said it has raised $750 million via external commercial borrowings from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. The company says it will “use the proceeds to refinance existing debt, invest in infrastructure upgrades, and capacity expansion across six airports -Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram, scale non-aeronautical businesses, including retail, F&B, duty free and services across airport network”AAHL is India’s largest private airport operator (in terms of number of airports it operates) and a subsidiary of Adani Enterprises. The company saw 9.4 crore passengers in 2024-25, with an overall capacity of 11 crore passengers.
Trending
- Oracle stock surges: Hits record high on $30 billion cloud deal; revenue to flow from FY28
- New strategic oil reserves planned! India looks to boost emergency stockpile of petroleum; aims to strengthen energy security
- HDB Financial Services share price today: HDFC Bank subsidiary becomes 8th most valuable NBFC; market cap at Rs 70,200 crore
- Cheer for middle class soon? After income tax relief, GST rates may come down on household items, say reports
- Festive retail strategy: Brands go big on discounts; hope early season boosts sentiment
- US plans ‘economic bunker buster’ bill: Will Donald Trump impose 500% tariff on countries importing oil from Russia? How it may impact India
- Gold price prediction today: Where is gold rate headed in the near future what levels will it hit? Here’s the outlook
- HDB Financial Services listing: Shares make strong market debut at 12.84% premium; open at Rs 835 on BSE, NSE
- Stock market today: Nifty50 opens in green; BSE Sensex up over 200 points
- Markets watch: Asian stocks slip; oil steady ahead of OPEC+ meet