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Yamuna International Airport s proposed term loans rated at Provisional IND A- /Stable by India Ratings Posted On: 2021-03-08 06:02:10 (Time Zone: Arizona, USA) India Ratings and Research (Ind-Ra) has rated Yamuna International Airport Private Limited s (YIAPL) proposed term loan as Provisional IND A- and stable. The rating reflects the moderate construction risk, significant traffic growth potential in the Delhi-National Capital Region, the stable regulatory regime of the sector, the strong financial profile and long-standing experience of the sponsor ZAIA in the airport sector as well as a suitable debt structure of the project. Yamuna International Airport Private Limited (YIAPL) considers that this credit rating testifies Zurich Airport International s (ZAIA) commitment to support the India growth story, and the importance of experienced and financially sustainable investors for the strategically important aviation sector in a very challenging market environment.

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