{"id":424881,"date":"2021-07-08T09:06:21","date_gmt":"2021-07-08T03:36:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424881"},"modified":"2021-07-08T09:54:38","modified_gmt":"2021-07-08T04:24:38","slug":"adani-group-to-raise-over-1-5-bn-to-refinance-mumbai-airport-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-group-to-raise-over-1-5-bn-to-refinance-mumbai-airport-debt\/","title":{"rendered":"Adani Group to raise over $1.5 bn to refinance Mumbai airport debt"},"content":{"rendered":"<p>Mumbai airport is looking to raise bonds worth $1.5 billion to refinance the debt of Mumbai\u2019s international airport amid a slump in air travel owing to the ongoing pandemic. <\/p>\n<p>The plan to raise capital comes months after the Ada\u00adni group announced acqu\u00adisition of the GVK-group-owned MIAL. In February, the Adani group acquired 23.5 per cent stakes in the Mu\u00admbai airport from two South African investors, while the acquisition of GVK group\u2019s 50.5 per cent stake in Mumbai airport is still in process. <\/p>\n<p>Barclays Plc and JPMor\u00adgan Chase &amp; Co. are among banks in talks to provide funds to Adani Airport Hold\u00adings. Deutsche Bank AG, too, is in talks, Bloomberg repo\u00adrted on Wednesday.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai airport is looking to raise bonds worth $1.5 billion to refinance the debt of Mumbai\u2019s international airport amid a slump in air travel owing to the ongoing pandemic. The plan to raise capital comes months after the Ada\u00adni group announced acqu\u00adisition of the GVK-group-owned MIAL. In February, the Adani group acquired 23.5 per cent stakes in the Mu\u00admbai airport from two South African investors, while the acquisition of GVK group\u2019s 50.5 per cent stake in Mumbai airport is still in process. Barclays Plc and JPMor\u00adgan Chase &amp; Co. are among banks in talks to provide funds to Adani Airport [&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":[135,167,130],"tags":[],"class_list":["post-424881","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424881","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=424881"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424881\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}