Adani Enterprises Limited has informed the Exchange regarding a press release dated Jun 03, 2025, titled "Adani Airports clinches USD 750 Mn Global Financing to power next phase of growth".
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Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises, has raised USD 750 million through External Commercial Borrowings from international banks led by First Abu Dhabi Bank, Barclays, and Standard Chartered Bank. Of this, USD 400 million will be used to refinance existing debt, while the rest will fund growth capital expenditure across six airports (Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati, Thiruvananthapuram) and scale non-aero businesses like retail, F&B, and duty-free. AAHL served 94 million passengers in FY25 with a current capacity of 110 million, and aims to triple capacity to 300 million by 2040, aided by the upcoming Navi Mumbai International Airport which will add up to 90 million passengers annually in phases.
This large global financing at the subsidiary level strengthens the Adani Group's airport business without immediate equity dilution, supporting expansion plans. For Adani Enterprises shareholders, the move signals investor confidence from top global banks and reinforces the long-term airport growth story, though the increased debt at the subsidiary level will need to be monitored for interest costs and repayment capacity.