Mumbai International Airport Ltd., a subsidiary of Adani Airport Holdings, has secured a $750 million investment led by affiliates of Apollo-managed funds and other long-term investors, Apollo said on Monday.
The deal involves four-year unsecured notes aimed at refinancing existing debt, with an option to raise an additional $250 million. The funding underscores growing global interest in India’s infrastructure expansion, particularly in aviation.
Earlier this month, Adani Airports Holdings — the airport arm of Adani Enterprises — also secured a separate $750 million investment from a group of international banks. The company currently operates eight airports across India and is spearheading the Navi Mumbai International Airport project, expected to begin operations soon.
According to Bloomberg, Adani plans to spin off and publicly list the airport unit by March 2027.
Adani Airport Holdings and Adani Enterprises did not immediately respond to requests for comment.