Adani to raise over $1 billion to refinance Mumbai International Airport debt

Adani Airport Holdings, which will formally own a majority in MIAL, is now in talks with a global consortium of foreign lenders, including Standard Chartered Bank, Barclays, Deutsche and JP Morgan, to raise more than $1 billion in offshore loans. Proceeds will be used to repay existing local top-ranked public and private banks, said two people involved in the exercise.

from Markets-Economic Times https://ift.tt/36hWE49