{"id":424920,"date":"2021-07-08T11:02:04","date_gmt":"2021-07-08T05:32:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=424920"},"modified":"2021-07-08T11:02:04","modified_gmt":"2021-07-08T05:32:04","slug":"adani-to-raise-over-1-billion-to-refinance-mumbai-international-airport-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-to-raise-over-1-billion-to-refinance-mumbai-international-airport-debt\/","title":{"rendered":"Adani to raise over $1 billion to refinance Mumbai International Airport debt"},"content":{"rendered":"<p>The Adani Group, which is soon expected to take over the GVK-led Mumbai International Airport (MIAL), plans to refinance its debt at lower rates with overseas funds, people aware of the talks told ET.<\/p>\n<p>Adani Airport Holdings, which will formally own a majority in MIAL, is now in talks with a global consortium of foreign lenders, including Standard Chartered Bank, Barclays, Deutsche and JP Morgan, to raise more than $1 billion in offshore loans. Proceeds will be used to repay existing local top-ranked public and private banks, said two people involved in the exercise.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani Group, which is soon expected to take over the GVK-led Mumbai International Airport (MIAL), plans to refinance its debt at lower rates with overseas funds, people aware of the talks told ET. Adani Airport Holdings, which will formally own a majority in MIAL, is now in talks with a global consortium of foreign lenders, including Standard Chartered Bank, Barclays, Deutsche and JP Morgan, to raise more than $1 billion in offshore loans. Proceeds will be used to repay existing local top-ranked public and private banks, said two people involved in the exercise.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-424920","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424920","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=424920"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/424920\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=424920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=424920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=424920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}