{"id":286315,"date":"2019-08-07T05:10:49","date_gmt":"2019-08-07T05:10:49","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=286315"},"modified":"2019-08-07T05:24:39","modified_gmt":"2019-08-07T05:24:39","slug":"bial-raises-%e2%82%b910206-crore-from-banks-for-expansion","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/bial-raises-%e2%82%b910206-crore-from-banks-for-expansion\/","title":{"rendered":"BIAL raises \u20b910,206-crore from banks for expansion"},"content":{"rendered":"<p>Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport in Bengaluru, has achieved  financial closure for its \u20b913,352-crore infrastructure expansion that includes construction of Terminal 2 and associated projects.<\/p>\n<p>BIAL has raised \u20b910,206 crore through a syndicate of banks, including State Bank of India and Axis Bank, with the project to be funded in a debt-equity ratio of 80:20. While Axis Bank has advanced \u20b95,106 crore, SBI has sanctioned \u20b95,100 crore for the project that is scheduled  to be completed by mid-2021.<\/p>\n<p>The debt, with a door-to-door tenor of approximately 14.25 years, will be repaid over a period of 10 years with a one-year moratorium, post completion of the project.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport in Bengaluru, has achieved financial closure for its \u20b913,352-crore infrastructure expansion that includes construction of Terminal 2 and associated projects. BIAL has raised \u20b910,206 crore through a syndicate of banks, including State Bank of India and Axis Bank, with the project to be funded in a debt-equity ratio of 80:20. While Axis Bank has advanced \u20b95,106 crore, SBI has sanctioned \u20b95,100 crore for the project that is scheduled to be completed by mid-2021. The debt, with a door-to-door tenor of approximately 14.25 years, will be repaid over a period [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-286315","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286315","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=286315"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/286315\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=286315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=286315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=286315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}