Ahmedabad, June 4
Adani Airports Holdings Ltd (AAHL) on Wednesday said it has raised $750 million via External Commercial Borrowings (ECB) from a consortium of international banks.
According to India’s largest private airport operator and a subsidiary of Adani Enterprises Limited (AEL), the proceeds will be used to refinance existing $40 million debt, invest in infrastructure upgrades, and capacity expansion across the six airports — Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram — along with scaling the non-aeronautical businesses, including retail, F&B, Duty Free and services across the airport network.
“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 prioritising sustainability and community engagement across its airport network,” said Arun Bansal, CEO of AAHL.
“As we continue our journey, AAHL remains committed to being the ‘Gateway to Goodness’, delivering customer-centric solutions and building world-class airport infrastructure that sets global benchmarks in service and sustainability,” Bansal added.