Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprises Ltd, today announced successful closure of funding of $250 million senior secured 3-year ECB facility from consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC. The facility has an option to raise additional $200 million.
The financing structure enables a scalable capital solution with flexibility to tap global capital markets in line with AAHL’s vision of providing a transformational airport infrastructure platform.
AAHL is leading the Adani portfolio’s foray into B2C infrastructure assets. AAHL business is centred around convenience to consumer both via physical and digital channels.
“We are focussed on delivering high quality infrastructure access to our consumers both through physical and digital channels,” said Spokesperson – AAHL “The first phase of our capital management plan is now set in motion with the funding of AAHL, MIAL and NMIAL, and we will now focus on scaling up the airports business into one of the largest airport platforms globally.
We are grateful to our stakeholders and consumers for their continuedsupport and their confidence in us,” the company said in its official statement.
Press the Bell icon for notifications of all new updates
