Adani Airport Seeks $750 Million Loan from Global Banks

26 Apr 2025 CW Team

Adani Group is in discussions for an offshore loan of up to $750 million for its airport arm, Adani Airport Holdings Limited, with international banks such as Barclays Plc, First Abu Dhabi Bank PJSC, and Standard Chartered Bank Plc. The funds will support capital expenditure and repay dollar-denominated debt maturing in September. The deal is expected to conclude by early May.

Adani Airport Holdings Limited operates seven major airports across India and is preparing to open a new international hub worth $two billion on the outskirts of Mumbai.

This would be the Group’s second significant offshore fundraising within a month, suggesting increased confidence among global lenders, despite an ongoing bribery probe by the United States Department of Justice involving its founder, Gautam Adani.

The loan tenure is likely to be under five years, although final terms remain under discussion. Earlier in April, Adani secured approximately $750 million via an offshore private placement bond, with BlackRock Inc. subscribing to about one-third. The proceeds were used to acquire a construction company.

In March, state-owned Power Finance Corporation Limited refinanced a $one billion construction-linked loan for Adani Green Energy Limited.

Source: Bloomberg

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