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Post by : Jyoti Gupta
Photo:Reutres
Adani Airports, India’s biggest private airport operator, has raised $1 billion to improve Mumbai International Airport. Out of this amount, $750 million came from big global investors like Apollo, BlackRock, and Standard Chartered. They gave the money by buying special notes that will be paid back by July 2029.
This deal is special because it’s India’s first private airport investment that got an international “investment grade” rating (BBB-), which means it’s seen as safe and stable by global standards.
The remaining $250 million can be raised later if needed. This money will be used to pay back old loans and also help grow and modernize the airport. The company wants to make the airport smarter with new technology and also greener — it plans to reach zero carbon emissions by 2029.
This is one of the biggest such deals in India and shows that global investors trust Adani’s airport business and believe in India’s infrastructure future. Adani Airports runs eight airports and is also building the new Navi Mumbai Airport.
Mumbai International Airport
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