{"id":298164,"date":"2019-10-28T11:25:46","date_gmt":"2019-10-28T05:55:46","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=298164"},"modified":"2019-10-28T11:37:04","modified_gmt":"2019-10-28T06:07:04","slug":"gvk-airports-signs-agreements-with-adia-others-for-raising-%e2%82%b97614-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gvk-airports-signs-agreements-with-adia-others-for-raising-%e2%82%b97614-cr\/","title":{"rendered":"GVK Airports signs agreements with ADIA, others for raising \u20b97,614 cr"},"content":{"rendered":"<p>GVK Airports has signed definitive agreements on Sunday with three investors \u2013 ADIA, Abu Dhabi; PSP Investments, Canada and the NIIF, India for an aggregate investment of \u20b97,614 crore. <\/p>\n<p>Proceeds from this transaction will be used by GVK to primarily retire debt obligations of its holding companies significantly and fund the purchase of additional shares in MIAL, from our partners &#8211; Bidvest and ACSA. <\/p>\n<p>GVK will continue to manage both airports and also they will be branded as GVK Airports. <\/p>\n<p>The diversified Hyderabad based infrastructure company has been working towards paring its debt, and the deal paves the way for a smoother transition as it takes up development of the Navi Mumbai airport.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GVK Airports has signed definitive agreements on Sunday with three investors \u2013 ADIA, Abu Dhabi; PSP Investments, Canada and the NIIF, India for an aggregate investment of \u20b97,614 crore. Proceeds from this transaction will be used by GVK to primarily retire debt obligations of its holding companies significantly and fund the purchase of additional shares in MIAL, from our partners &#8211; Bidvest and ACSA. GVK will continue to manage both airports and also they will be branded as GVK Airports. The diversified Hyderabad based infrastructure company has been working towards paring its debt, and the deal paves the way for [&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-298164","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298164","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=298164"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/298164\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=298164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=298164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=298164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}