Adani Airport Holdings Ltd (AAHL), a wholly-owned subsidiary of Adani Enterprises, said on May 9 that it had raised $250 million through a senior secured three-year external business loan facility from a consortium of Standard Chartered and Barclays. The facility has the option to raise an additional $200 million.

“This offering by AAHL marks the first milestone in its capital management program,” the company said. Earlier this week, Mumbai International Airport Limited (MIAL) conducted a $750 million private placement with Apollo The $1.74 billion (NMIAL) financial settlement of Navi Mumbai International Airport Limited is from the domestic banking system.

With this, the AAHL has tapped three different pools totalling $2.74 billion. AAHL is currently preparing for the next phase of its capital management plan, including access to public capital markets and further facility development. “

AAHL is an integrated network of eight airports located around the city centre. It controls 50 per cent of the top 10 domestic routes, 23 per cent of Air India’s total traffic and 30 per cent of Air India’s cargo traffic. AAHL airports handle approximately 200 million consumers, both passengers and non-passengers.