India's Mumbai airport secures $750m from Apollo
Mumbai International Airport Limited (MIAL), managed by AAHL, has raised $750m in funding from Apollo-managed credit funds.
Source: airport-technology.com
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Mumbai International Airport Limited (MIAL), managed by AAHL, has raised $750m in funding from Apollo-managed credit funds.
Majority of the proceeds from the 7.25-years $750 million notes will be used by MIAL to refinance existing shorter maturity loans and new capital expenditure.
Mumbai International Airport Ltd (MIAL), which owns and operates the Chhatrapati Shivaji Maharaj International Airport (CSMIA) in Mumbai, the second largest airport in India, has successfully raised US$ 750 million senior secured private placement notes from Apollo-managed credit funds.