Ahmedabad, June 4 -- Adani Airports has raised USD 750 million via External Commercial Borrowings (ECB) from a consortium of international banks, says the company in a statement on Wednesday. The transaction was led by First Abu Dhabi Bank, Barclays PLC, and Standard Chartered Bank.
The proceeds will be used to refinance existing debt, invest in infrastructure upgrades, and capacity expansion across the six airports operated by the group viz. Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, and Thiruvananthapuram.
The non-aeronautical businesses like Retail, F&B, Duty Free and services across the airport network will be scaled up.
As per the company, Adani Airports has served 94 million passengers in FY 2024-25 with an overall capacity...
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