Adani Airports Holdings is raising $250 million overseas debt

Adani Airport Holdings Ltd (AAHL), a wholly owned subsidiary of Adani Enterprise, Monday said it is raising $250 million (Rs 1,950 crore) of overseas debt and added it will now tap public capital markets for long term capital.

AAHL, which manages 7 airports and is building the country’s most expensive one, said the funds comprised senior secured 3-year ECB facility from a consortium of Standard Chartered Bank (SCB) and Barclays Bank PLC.