Adani Airports Holdings Limited (AAHL) has successfully closed a $1 billion funding round with participation from global investors, including funds managed by Apollo and BlackRock, as well as Standard Chartered. The proceeds from this investment are designated for the comprehensive development of Mumbai International Airport, encompassing modernization initiatives, capacity expansion projects, and the adoption of advanced technological solutions. The transaction is notable as the first investment-grade-rated private bond issuance in India’s airport infrastructure sector.
Adani Airports Secures $1 Billion for Mumbai Airport Upgrade
