Mumbai International Airport raises $750 mn from Apollo managed credit fund
The proceed from the issuance of notes will be used to clear off debts & for expansion purposes.
Mumbai International Airport
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Mumbai airport reports 59% rise in passenger traffic in July
The Mumbai International Airport Ltd. is a joint venture between Adani Group and Airports Authority of India.
Adani Group acquires Mumbai International Airport
Adani Group won competitive bids for the operation of airports in cities including Ahmedabad, Jaipur, Mangalore, Lucknow, Guwahati and Thiruvananthapuram.
On acquistion of MIAL, Gautam Adani: A transformational platform that will help shape and create strategic adjacencies for our other B2B businesses
The addition of the Mumbai International Airport (MIAL) and the Navi Mumbai International Airport to the portfolio of Adani Airports Holdings Ltd. will provide "a transformational platform that will help shape and create strategic adjacencies for our other B2B businesses," Gautam Adani, Chairman, Adani group, said in a press statement. "This acquisition helps us redesign the way we will serve our customer base and bridge our B2C and B2B business models."