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26 Jun 2025
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26 Jun 2025
Adani’s Mumbai Airport Wins $750 Mn Apollo Backing
Mumbai International Airport Ltd (MIAL), a subsidiary of Adani Airport Holdings, has raised $750 million through four-year unsecured notes placed with affiliates of Apollo-managed funds and other long-term investors. The proceeds will refinance existing borrowings, and the structure allows for a further $250 million tap if required.Earlier this month Adani Airport Holdings, the aviation arm of Adani Enterprises, secured another $750 million from a syndicate of global banks. According to a June Bloomberg report, the division is due to be spun off and listed by March 2027, giving investors a cle..