AAHL bags $250 mn from SCB, Barclays Bank for airport development
AVIATION & AIRPORTS

AAHL bags $250 mn from SCB, Barclays Bank for airport development

Adani Airport Holdings Limited (AAHL) has announced a successful closure of a $250 million funding round and secured three-year external commercial borrowing (ECB) facility from a consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The company has an option to raise another $200 million.

The funding enables a scalable capital solution with the flexibility to tap global capital markets with AAHL's vision of providing a transformational airport infrastructure platform.

The spokesperson of AAHL said that the company aims to deliver high-quality infrastructure access to the consumers through physical and digital channels.

He added that the first phase is now set in motion with the funding of AAHL, Mumbai International Airport Limited (MIAL) and Navi Mumbai International Airport Limited (NMIAL). The company will now focus on expanding the airport business into one of the largest airport platforms globally.

MIAL placed a $750 million private placement to Apollo and a $1.74 billion financial closure for NMIAL from the domestic banking system. AAHL has tapped three different pools of the capital of $2.74 billion.

AAHL is now ready for the next phase of its capital management plan, including tapping the public capital markets and construction facilities to enable access to long term capital sources for infrastructure development.

AAHL controls 50% of the top 10 domestic routes, 23% of the Indian air traffic, and 30% of India's air cargo.

AAHL airports carry around 200 million consumers, including passengers and non-passengers.

AAHL is committed to UN Sustainability Development Goals (SDGs), focusing on affordable and clean energy, sustainable cities and communities, and climate action through several initiatives, including solar energy installation projects, electric vehicle usage, green buildings, and conversion to LED lamps, etc.

Image Source

Also read: Adani Group concludes financing for Navi Mumbai airport project

Adani Airport Holdings Limited (AAHL) has announced a successful closure of a $250 million funding round and secured three-year external commercial borrowing (ECB) facility from a consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The company has an option to raise another $200 million. The funding enables a scalable capital solution with the flexibility to tap global capital markets with AAHL's vision of providing a transformational airport infrastructure platform. The spokesperson of AAHL said that the company aims to deliver high-quality infrastructure access to the consumers through physical and digital channels. He added that the first phase is now set in motion with the funding of AAHL, Mumbai International Airport Limited (MIAL) and Navi Mumbai International Airport Limited (NMIAL). The company will now focus on expanding the airport business into one of the largest airport platforms globally. MIAL placed a $750 million private placement to Apollo and a $1.74 billion financial closure for NMIAL from the domestic banking system. AAHL has tapped three different pools of the capital of $2.74 billion. AAHL is now ready for the next phase of its capital management plan, including tapping the public capital markets and construction facilities to enable access to long term capital sources for infrastructure development. AAHL controls 50% of the top 10 domestic routes, 23% of the Indian air traffic, and 30% of India's air cargo. AAHL airports carry around 200 million consumers, including passengers and non-passengers. AAHL is committed to UN Sustainability Development Goals (SDGs), focusing on affordable and clean energy, sustainable cities and communities, and climate action through several initiatives, including solar energy installation projects, electric vehicle usage, green buildings, and conversion to LED lamps, etc. Image Source Also read: Adani Group concludes financing for Navi Mumbai airport project

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?