Ahmedabad, June 5 -- Adani Airports Holdings Ltd (AAHL), India's largest private airport operator and a subsidiary of Adani Enterprises Ltd, has secured $750 million through External Commercial Borrowings (ECB) from a consortium of global banks to fund infrastructure expansion and refinance debt.
The financing deal, finalised with First Abu Dhabi Bank, Barclays PLC and Standard Chartered Bank as lead arrangers, is set to accelerate AAHL's development plans across its airport portfolio, which includes six key facilities in Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram.
AAHL said the capital will support infrastructure upgrades, boost airport capacity and scale up its non-aeronautical businesses, such as retail, foo...