New Delhi, June 24 -- Adani Airports Holdings Limited (AAHL) successfully secured $1 billion financing through a project finance structure for its Mumbai International Airport Ltd (MIAL).

AAHL is a wholly owned subsidiary of Adani Enterprises Ltd and India's largest private airport operator. MIAL is a subsidiary of Adani Airport Holdings.

As per the statement, Mumbai International Airport Ltd secured a $750 million investment from a group led by affiliates of Apollo-managed funds and other long-term backers.

According to Adani, the transaction involves the issuance of $750 million notes maturing July 2029 ("Notes") which shall be used for refinancing.

The financing structure also includes a provision to raise an additional $250 millio...