Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
Adani's Mumbai International Airport raises $750 mn from Apollo
short by Ananya Goyal / on Wednesday, 4 May, 2022
Adani Enterprises said its subsidiary Mumbai International Airport Ltd (MIAL), which runs the Mumbai airport, has raised $750 million senior secured private placement notes from Apollo-managed credit funds. The proceeds will be used to refinance existing shorter maturity loans and new capital expenditure, it added. In March, Adani Enterprises concluded financing of its Navi Mumbai airport.
read more at Financial Express