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GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion

GHIAL to raise US $300 Mn through bond issue for Hyderabad airport expansion Hyderabad, Jan 27 (UNI) GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group), on Wednesday announced that it had successfully priced an offering of US$ 300 Mn bond in the international bond market. GHIAL has entered into a Purchase Agreement to issue and allot US$ 300 Mn 4.75 per cent senior secured notes of 5 year tenure, GHIAL said in a release here. The proceeds from the Notes will be used towards the capital expenditure with respect to the master plan (expansion) of the Rajiv Gandhi International Airport (RGIA) at Hyderabad, increasing the capacity of the Airport to 34 Mn Passengers Per Annum.

Andhra pradeshGrandhi kiran kumarInfrastructure limitedHyderabad international airport limitedAirports authority of indiaInternational bondMalaysia airports holdings berhadRajiv gandhi international airportInternational airport limitedPurchase agreementPassengers perCorporate chairmanInternational bond marketsAirports authorityGandhi international airportஆந்திரா பிரதேஷ்

GMR places $300 m through bond offer for Hyderabad airport expansion

GMR places $300 m through bond offer for Hyderabad airport expansion January 27, 2021 × GMR Hyderabad International Airport Limited (GMRHIAL) has successfully priced $300-million bond in the international bond market through a purchase agreement. As per the agreement, it will issue and allot $300 million worth 4.75 per cent senior secured notes of five-year tenure. GMRHIAL is a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group), The proceeds from the notes will be used towards the capital expenditure for the expansion of Rajiv Gandhi International Airport at Hyderabad, increasing the capacity of the airport to 34 million passengers per annum.

Andhra pradeshGrandhi kiran kumarInfrastructure limitedAirports authority of indiaGmr hyderabad international airport limitedRajiv gandhi international airport at hyderabadMalaysia airports holdings berhad groupInternational airport limitedRajiv gandhi international airportKiran kumarCorporate chairmanAirports authorityஆந்திரா பிரதேஷ்பாட்டி கிறன் குமார்உள்கட்டமைப்பு வரையறுக்கப்பட்டவைவிமான நிலையங்கள் அதிகாரம் ஆஃப் இந்தியா

India Tourism: Change at the top

India Tourism: Change at the top January 26, 2021 There is change taking place at the top of the India Tourism Ministry in the form of a new Secretary. Arvind Singh has been named as the new secretary in the Ministry of Tourism effective February 1, 2021, where at the moment, two of the top officers in the department are women. The 1988 batch Maharashtra cadre bureaucrat moves up in the tourism industry ranks from the Airports Authority of India where he was Chairman. Apart from AAI, he was Additional Chief Secretary (Energy) in Government of Maharashtra. He has also worked as Chairman and Managing Director of Maharashtra State Power Generation Company Ltd. (MSPGCL) and the Maharashtra State Electricity Transmission Company Ltd. (MSETCL).

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Indian Aviation Veers Toward Non-metros In December, 13 Cities See Traffic Better Than Pre-COVID Levels

Indian Aviation Veers Toward Non-metros In December, 13 Cities See Traffic Better Than Pre-COVID Levels
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Airports Authority of India celebrates 72nd Republic Day with fervour

Toggle navigation India is celebrating its 72nd Republic Day today. On this day, the country adopted the Constitution of India in 1950. Airports Authority of India celebrates 72nd Republic Day with fervour ANI | Updated: Jan 26, 2021 15:25 IST New Delhi [India], January 26 (ANI): The Airports Authority of India (AAI) celebrated the 72nd Republic Day by hoisting the national flag at Delhi Air Traffic Services Complex here on Tuesday. AAI Chairman Arvind Singh was the chief guest at the event, which was organised by following social distancing norms amid COVID-19. The chairman also received the Guard of Honour at the event. On the 72nd #RepublicDay. celebrations, Arvind Singh, Chairman, #AAI unfurled the flag at Delhi Air Traffic Services Complex in presence of AAI Board Members, @aaiRedNR and other senior AAI officials, the AAI tweeted.

New delhiRam nath kovindVishisth sevaVijay kumar mishraVenkaiah naiduAlok kackerRajnath singhNarendra modiArvind singhDelhi air traffic servicesAirports authority of indiaAirports authorityRepublic dayDelhi air traffic services complexPresident ram nath kovindPrime minister narendra modi