1 year ago

Adani Airports Secures $750M Financing for Expansion

Adani Airports Secures $750M Financing for Expansion
Adani Airports Holdings raises $750 million through External Commercial Borrowings · The Hindu

Adani Airports, a major airport operator in India, has secured $750 million through loans from international banks.

This money will be used to pay off some existing debt and improve the infrastructure at six airports.

These airports include Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.

They also plan to improve non-flying activities like retail, restaurants, and duty-free shops.

The company aims to triple its passenger capacity by 2040 and is developing the Navi Mumbai International Airport to further boost capacity.

Key facts

Financing Amount
$750 million
Financing Type
External Commercial Borrowings (ECB)
Lead Banks
First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank
Passengers Served (FY 2024-25)
94 million
Overall Capacity
110 million
Capacity Target (by 2040)
300 million

Sources

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