Airport Technology
India’s Mumbai International Airport Limited (MIAL), managed by Adani Airport Holdings (AAHL), has raised $750m in funding from Apollo-managed credit funds.
MIAL is the owner and operator of Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai.
It will use the majority of the proceeds from the seven-year $750m of senior secured private placement notes to refinance short term debt and provide new capital expenditure.