How Did Adani Airports Secure $750 Million in Global Financing?
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Synopsis
Adani Airports Holdings Ltd has secured $750 million through international financing, marking a significant step towards enhancing India's aviation infrastructure. The funds will be utilized for debt refinancing, infrastructure upgrades, and expanding airport capacity. This move underscores the growing potential of India's aviation sector.
Key Takeaways
- Adani Airports Holdings Ltd raised $750 million through ECB.
- Funds will be used for debt refinancing and infrastructure upgrades.
- AAHL aims to triple its passenger capacity by 2040.
- New Navi Mumbai International Airport is set to enhance aviation infrastructure.
- AAHL holds a significant stake in Mumbai International Airport Ltd.
Ahmedabad, June 4 (NationPress) Adani Airports Holdings Ltd (AAHL) announced on Wednesday that it has successfully raised $750 million through External Commercial Borrowings (ECB) from a consortium of international banks.
As India’s largest private airport operator and a subsidiary of Adani Enterprises Limited (AEL), the funds will be allocated towards refinancing existing $40 million debt, upgrading infrastructure, and expanding capacity across its six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. This also includes scaling up non-aeronautical businesses such as retail, F&B, Duty Free, and various services throughout the airport network.
“The confidence shown by leading global financial institutions highlights the long-term value and potential of India’s aviation infrastructure. AAHL is on a solid path to providing exceptional customer experiences, utilizing technology for seamless operations, and prioritizing sustainability and community involvement throughout its airport network,” stated Arun Bansal, CEO of AAHL.
“As we proceed with our journey, AAHL is dedicated to being the ‘Gateway to Goodness’, offering customer-centric solutions and developing world-class airport infrastructure that sets global standards in service and sustainability,” Bansal added.
The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
In FY 2024–25, AAHL catered to 94 million passengers, with an overall capacity of 110 million passengers. The goal is to triple this capacity to 300 million passengers per year by 2040 through phased development.
A vital part of this plan is the upcoming Navi Mumbai International Airport, which is expected to be operational soon, adding 20 million passengers in its initial phase, with a capacity expansion to 90 million annually, significantly enhancing the aviation infrastructure in the Mumbai region.
AAHL also holds a 74 percent stake in Mumbai International Airport Ltd, which, in turn, owns 74 percent of Navi Mumbai International Airport Ltd.
With a portfolio of eight airports under management and development, AAHL is the largest airport infrastructure company in India, representing 23 percent of passenger traffic and over 29 percent of India’s air cargo traffic.
Point of View
The financing secured by Adani Airports Holdings Ltd is indicative of the growing confidence in India's aviation infrastructure. The strategic investments in upgrading facilities and expanding capacity are essential for accommodating the increasing air traffic, while also promoting sustainable practices. This aligns with the nation's goals for economic growth and development in the aviation sector.
NationPress
08/06/2025
Frequently Asked Questions
What is the total amount raised by Adani Airports Holdings?
Adani Airports Holdings Ltd has raised a total of $750 million through External Commercial Borrowings.
How will the funds be utilized?
The funds will be used to refinance existing debt, invest in infrastructure upgrades, and expand capacity across six airports.
Which banks were involved in this financing?
The financing was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
What is AAHL's passenger capacity goal by 2040?
AAHL aims to triple its capacity to 300 million passengers per annum by 2040.
How does AAHL rank in the Indian aviation sector?
AAHL is India's largest airport infrastructure company, accounting for 23% of passenger traffic and over 29% of the country's air cargo traffic.
