{"id":489251,"date":"2022-05-05T10:33:57","date_gmt":"2022-05-05T05:03:57","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=489251"},"modified":"2022-05-05T10:33:57","modified_gmt":"2022-05-05T05:03:57","slug":"mumbai-international-airport-raises-750-million-long-term-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/mumbai-international-airport-raises-750-million-long-term-debt\/","title":{"rendered":"Mumbai International Airport raises $750-million long-term debt"},"content":{"rendered":"<p>Mumbai International Airport (MIAL), run by Adani Airport Holdings (AAHL), has raised $750 million in debt from US-based alternative investment fund Apollo Global Management. The funds are primarily meant for refinancing the airport&#8217;s short-term debt. The money has been raised in the form of senior secured private placement notes, usually used by institutional investors to lend to companies just like banks. &#8220;Apollo&#8217;s credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds from the 7.25-years, $750 million notes,&#8221; MIAL said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai International Airport (MIAL), run by Adani Airport Holdings (AAHL), has raised $750 million in debt from US-based alternative investment fund Apollo Global Management. The funds are primarily meant for refinancing the airport&#8217;s short-term debt. The money has been raised in the form of senior secured private placement notes, usually used by institutional investors to lend to companies just like banks. &#8220;Apollo&#8217;s credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds from the 7.25-years, $750 million notes,&#8221; MIAL said in a statement.<\/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-489251","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\/489251","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=489251"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/489251\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=489251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=489251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=489251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}