{"id":592291,"date":"2023-07-21T09:50:44","date_gmt":"2023-07-21T04:20:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=592291"},"modified":"2023-07-21T10:25:42","modified_gmt":"2023-07-21T04:55:42","slug":"ind-ra-revises-outlook-on-navi-mumbai-international-airport-to-negative","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ind-ra-revises-outlook-on-navi-mumbai-international-airport-to-negative\/","title":{"rendered":"Ind-Ra revises outlook on Navi Mumbai International Airport to &#8216;negative&#8217;"},"content":{"rendered":"<p>India Ratings has revised outlook on Adani group entity Navi Mumbai International Airport\u2019s Private Ltd\u2019s term Loan from \u201cStable\u201d to \u201cNegative\u201d reflecting deterioration in the credit profile of the sponsor Adani Enterprises Ltd (AEL) and delays observed in project progress. However, it affirmed \u201cA\u201d rating factoring in AEL and Adani group\u2019s experience in developing and operating large infrastructure projects, a significant traffic growth potential in the Mumbai Metropolitan Region (MMR) and a stable regulatory regime of the sector. The affirmation also takes into account the group\u2019s plan for operating Mumbai International Airports Ltd (MIAL) and NMIAPL in a complementary manner with a suitable debt structure.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India Ratings has revised outlook on Adani group entity Navi Mumbai International Airport\u2019s Private Ltd\u2019s term Loan from \u201cStable\u201d to \u201cNegative\u201d reflecting deterioration in the credit profile of the sponsor Adani Enterprises Ltd (AEL) and delays observed in project progress. However, it affirmed \u201cA\u201d rating factoring in AEL and Adani group\u2019s experience in developing and operating large infrastructure projects, a significant traffic growth potential in the Mumbai Metropolitan Region (MMR) and a stable regulatory regime of the sector. The affirmation also takes into account the group\u2019s plan for operating Mumbai International Airports Ltd (MIAL) and NMIAPL in a complementary manner [&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-592291","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\/592291","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=592291"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/592291\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=592291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=592291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=592291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}