GMR Airports raises ₹800 cr from Standard Chartered, Aditya Birla Fund & Varde Partners

Standard Chartered Bank, Varde Partners, and Aditya Birla Special Situation Fund have jointly provided ₹800 crore of debt facility to GMR Airports for two years and eleven months, people with knowledge of the matter told ET.

With this, GMR Airports and two special purpose vehicles – GMR Goa International Airport and GMR Visakhapatnam International Airport – have jointly raised a little over ₹8,400 crore since November for capex and refinancing high-cost debt.