Latest news with #debtrefinance
Zawya
7 hours ago
- Business
- Zawya
Adani's Mumbai Airport inks $750mln deal with Apollo-led investor group
Mumbai International Airport Ltd, a subsidiary of Adani Airport Holdings, has secured a $750 million investment from a group led by affiliates of Apollo-managed funds and other long-term backers, the U.S. private capital group said on Monday. The four-year unsecured notes will be used to refinance existing debt, with an option to raise an additional $250 million, Apollo said in a statement. Adani Airports Holdings, the airport division of Adani Enterprises, secured a $750 million investment earlier this month from a consortium of international banks. The unit is expected to be spun off and listed by March 2027, according to a Bloomberg report from June. Adani Airport Holdings currently operates eight airports across India and also oversees the Navi Mumbai International Airport, a strategically located project on the outskirts of Mumbai set become operational soon. Adani Airport Holdings and Adani Enterprises did not immediately respond to requests for comment outside of business hours. (Reporting by Chandni Shah in Bengaluru; Editing by Sherry Jacob-Phillips)
Reuters
9 hours ago
- Business
- Reuters
Adani's Mumbai Airport inks $750 million deal with Apollo-led investor group
June 23 (Reuters) - Mumbai International Airport Ltd, a subsidiary of Adani Airport Holdings, has secured a $750 million investment from a group led by affiliates of Apollo-managed funds (APO.N), opens new tab and other long-term backers, the U.S. private capital group said on Monday. The four-year unsecured notes will be used to refinance existing debt, with an option to raise an additional $250 million, Apollo said in a statement. Adani Airports Holdings, the airport division of Adani Enterprises ( opens new tab, secured a $750 million investment earlier this month from a consortium of international banks. The unit is expected to be spun off and listed by March 2027, according to a Bloomberg report from June. Adani Airport Holdings currently operates eight airports across India and also oversees the Navi Mumbai International Airport, a strategically located project on the outskirts of Mumbai set become operational soon. Adani Airport Holdings and Adani Enterprises did not immediately respond to requests for comment outside of business hours.
Bloomberg
09-06-2025
- Business
- Bloomberg
Whirlpool Plans to Sell $1.2 Billion of Bonds After Cut to Junk
By and Natalie Harrison Save Whirlpool Corp. is looking to raise $1.2 billion to refinance debt, in its first bond sale since being downgraded to junk. The company plans to sell dollar-denominated senior unsecured notes in two tranches, with maturities in 2030 and 2033, according to a person with knowledge of the matter. The size of each portion of the debt sale is yet to be determined, said the person, who asked not to be identified discussing a private transaction.
