Adani Airports Secures $750 Million from Global Bank Consortium

Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises and India’s largest private airport operator, has announced the successful raising of $750 million from a group of international banks. The consortium includes leading financial institutions such as First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.

The funding was secured through external commercial borrowings, according to a stock exchange filing on June 4. The parent company, Adani Enterprises, saw a marginal increase of 0.34 percent in its stock price, trading at Rs 2,479.2 on the National Stock Exchange at 11:22 AM.

AAHL stated that the funds will be used to refinance existing debt, enhance infrastructure, and expand capacity at its six major airports—Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram. Additionally, a portion of the proceeds will be invested in scaling up non-aeronautical businesses, including retail, food and beverages, duty-free operations, and airport services.

Arun Bansal, CEO of AAHL, said the support from global financial institutions reflects strong confidence in India's aviation infrastructure. He added that the company is committed to delivering superior customer experiences, leveraging advanced technology, and focusing on sustainability and community engagement across its airport network.