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.

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