Adani Airports Secures $750 Million Global Financing To Boost Growth And Expansion

Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises Ltd, has secured USD 750 million in External Commercial Borrowings (ECB) from a syndicate of international banks to refinance existing debt and drive infrastructure expansion.

Key Deal Highlights

Particulars	Details
Amount Raised	USD 750 million
Lead Banks	First Abu Dhabi Bank, Barclays PLC, Standard Chartered Bank
Existing Debt Refinanced	USD 400 million
Use of Funds	Growth capex across six airports and non-aero business

Strengthening Core Operations

The proceeds from this facility will be used to refinance USD 400 million of existing debt. The remaining amount will fund capital expenditure for infrastructure and capacity upgrades at six major airports Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram and help expand AAHL’s non-aeronautical ventures, including retail, food & beverage, duty-free, and service operations.

Growth Ambitions and Operational Scale

In FY 2024–25, AAHL served 94 million passengers, operating at a total capacity of 110 million. The company now targets a long-term capacity of 300 million passengers per annum by 2040. A significant step in this direction is the upcoming Navi Mumbai International Airport, which will initially handle 20 million passengers, with a planned scale-up to 90 million annually.

What does the CEO say?

Arun Bansal, CEO of AAHL, remarked: “The trust placed in us by leading global financial institutions underscores the long-term value and potential of India’s aviation infrastructure. AAHL is well on its path to deliver exceptional customer experiences, leveraging technology for seamless operations, and prioritizing sustainability and community engagement.”

Legal Advisors

• English Law: Latham and Watkins LLP, Linklaters LLP
• Indian Law: Cyril Amarchand Mangaldas, TT&A

About Adani Airports Holdings Ltd (AAHL)

AAHL is India’s largest private airport infrastructure company. It manages eight airports including a 74% stake in Mumbai International Airport Ltd and Navi Mumbai International Airport Ltd and accounts for 23% of the country’s passenger footfall and over 29% of cargo traffic.

REF: https://nsearchives.nseindia.com/corporate/nishant_joshi_adani_com_04062025105701_AELIntimationforPressRelease.pdf

Disclaimer:  At HDFC SKY, we take utmost care and due diligence in curating and presenting news and market-related content. However, inadvertent errors or omissions may occasionally occur.

If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.

Please note that the information shared is intended solely for informational purposes and does not make any investment recommendations