Adani Airports Secures USD 750 Million Financing for Airports Expansion
Adani Airports Holdings Ltd (AAHL) has raised USD 750 million via External Commercial Borrowings (ECB) from a consortium of international banks. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank. The proceeds will be used to refinance existing debt and invest in infrastructure upgrades and capacity expansion across six airports.
Financing Details
The USD 750 million financing will be utilized towards refinancing of the existing USD 400 million debt, and the remaining amount will be used for growth capex of six airports and AAHL's non-aero business. The financing is a significant milestone for AAHL, demonstrating the trust placed in the company by leading global financial institutions.
Airport Expansion
AAHL aims to triple its capacity to 300 million passengers per annum by 2040 through phased development. The company served 94 million passengers in FY 2024-25, with an overall capacity of 110 million passengers. The Navi Mumbai International Airport is expected to be operational shortly, adding 20 million passengers in the first phase, with capacity expanding up to 90 million annually in a phased manner.
Company Statement
Arun Bansal, CEO of AAHL, stated that the company is well on its path to deliver exceptional customer experiences, leveraging technology for seamless operations, and prioritizing sustainability and community engagement across its airport network. AAHL remains committed to being the Gateway to Goodness, delivering customer-centric solutions and building world-class airport infrastructure that sets global benchmarks in service and sustainability. With this financing, AAHL is poised for its next phase of growth, and the company's future plans are underway to expand its airport network and services.
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