Twitter LinkedIn
    Monday, June 5
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Investments»Apollo Global makes $750 mn debt investment in Adani-owned Mumbai airport
    Investments

    Apollo Global makes $750 mn debt investment in Adani-owned Mumbai airport

    May 4, 2022Updated:May 4, 20221 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    FILE PHOTO: Marc Rowan of Apollo Global Management LLC participates in the "Finding Opportunities in Restructuring in the Year Ahead" panel at the 2010 Milken Institute Global Conference in Beverly Hills, California April 28, 2010. REUTERS/Phil McCarten
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    Mumbai International Airport Ltd (MIAL) Wednesday said that it has raised $750 million of debt in a private placement from US-based private asset manager, Apollo Global.

    MIAL is managed by Adani Airport Holdings Limited (AAHL), a 100% subsidiary of Adani Enterprises Ltd, the flagship company of the billionaire Gautam Adani-led Group. MIAL is a public-private partnership (PPP) venture between AAHL, holding a majority stake of 74%, and the Airports Authority of India (AAI), holding the remaining 26%.

    MIAL also owns 74% stake in the Navi Mumbai International Airport Limited, the greenfield airport being developed in suburban Mumbai, which when operational will be the “twin airport” servicing passengers in the Mumbai Metropolitan Region. Recently, the Navi Mumbai Airport announced financial closure of the entire debt requirement of Rs 12,770 crore with State Bank of India.  

    Read more: VCCircle

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Private equity firms Apollo and KKR among those reviewing Silicon Valley Bank loans

    March 16, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Comments are closed.

    Other Articles

    TDR-Led Investor Group Weighs $10 Billion LeasePlan Exit

    March 6, 2021

    Nest plans bold expansion into private markets

    January 10, 2021

    Inflexion Weighs Sale of $2.7bn UK Fuel-Card Firm

    January 25, 2022

    Blackstone Is Said to Call Off Mphasis Stake Sale on Valuations

    March 10, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?