Adani Airports Soars with Landmark $1 Billion Mumbai Airport Funding

Adani Airports Holdings Ltd. (AAHL)—a wholly owned subsidiary of Adani Enterprises and India’s largest private airport operator—has secured USD 1 billion (approx. ₹8,400 crore) in financing for Mumbai International Airport Ltd. (MIAL). This milestone marks India’s first investment-grade (IG) rated private bond issuance in the airport infrastructure sector.

Structured under a project finance model, the transaction includes the issuance of USD 750 million (₹6,300 crore) in notes maturing in July 2029, with an option to raise an additional USD 250 million (₹2,100 crore). The funding will support MIAL’s long-term strategic objectives, including infrastructure modernisation, capacity expansion, and its commitment to achieving net-zero emissions by 2029, in line with Adani Group’s broader sustainability vision.

The issuance drew strong global investor interest, led by Apollo-managed funds, and saw participation from major institutional investors such as BlackRock-managed funds, Standard Chartered, and others. The robust response underscores growing international confidence in India’s infrastructure sector and Adani Airports’ operational and financial credibility.

News by Rahul Yelligetti.