New Delhi, June 4 (PTI) Adani Airports Holdings Limited (AAHL), India’s largest private airport operator, said on Wednesday that it has acquired a $ 750 million in the funding of international banks from a union of international banks, with the first to finance the next phase, including Abu Dhabi Bank, Barcale and Standard Chartered.
The income used towards the re-refinance of the existing USD 400 million loans, and the remaining towards the non-neo business of the development Capex and Aahl.
A subsidiary of Aahl, Aahl, Adani Enterprises LTD raised US $ 750 million through an external commercial lending (ECB) from a union of international banks, the company said in a statement.
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The transaction was first led by Abu Dhabi Bank, Barclays PLC and Standard Chartered Bank.
“Income will be used to refinance existing loans, investing in infrastructure upgradation, and capacity extension at six airports.
AAHL took over 94 million passengers in FY25 with a overall capacity of 110 million passengers.
The firm said that it aims to a triple capacity for 300 million passengers per year by 2040 through phased development.
“As part of this roadmap, the Navi Mumbai International Airport is expected to be commissioned soon, with a capacity of up to 90 million annually, with a capacity of up to 90 million annually, with a capacity of up to 90 million in the first phase, promoted the aviation infrastructure of the Mumbai region,” said this.
Aahl operates eight airports across India, including Navi Mumbai International Airport.
“The trust placed in the US by global financial institutions underlines the long -term value and capacity of India’s aviation infrastructure. Aahl is on its way to provide exceptional customer experience, take advantage of technology for spontaneous operations and prioritize stability and community engagement in the network of its airport,” Aahl CEO Arun Bannsal said.
“As we continue our journey, Aahl is committed to the entrance of goodness, provides customer-focused solutions and creates a world-class airport infrastructure that sets a global benchmark in service and stability.” Latham and Watkins LLP and Linklaters LLP worked as a lawyer for English law for transactions, Cyril Amarchand Mangaldas and TT and A worked as a lawyer for Indian law for transactions.
Aahl is India’s largest airport infrastructure company, which is responsible for 23 percent of passenger footfalls and more than 29 percent of India’s air cargo traffic. Pti anz anz trb trb
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