Adani Airports secures USD 1bn for Mumbai airport expansion

Adani Airports Holdings Limited (AAHL), a subsidiary of Adani Enterprises, has secured USD 1 billion in financing through a project finance structure for Mumbai International Airport Ltd (MIAL). This includes the issuance of USD 750 million in notes maturing in July 2029, alongside provisions to raise an additional USD 250 million. The funding will drive capital expenditure programs focused on development, modernization, and capacity enhancement. This marks India's first investment-grade private bond issuance in the airport infrastructure sector and follows AAHL's previous USD 750 million financing from a global bank consortium. In related news, Adani Enterprises disclosed plans for a public issuance of non-convertible debentures (NCDs) up to ₹ 1,000 crores, following board approval from October 2024. Further, the company has held its 33rd Annual General Meeting on June 24, 2025. The developments showcase Adani's continued commitment to infrastructure and sustainable development.