Adani Airport Holdings Ltd., a subsidiary of the Adani Group, is currently in discussions with international banking institutions to secure an offshore loan with a maximum value of $750 million. After securing a $750 million offshore loan from potential lenders, including Barclays Plc, First Abu Dhabi Bank PJSC, and Standard Chartered Bank Plc, capital expenditure and debt refinancing will be the primary financial objectives of the company.
The negotiating parties are working toward signing the loan agreement before May begins. Terms regarding the loan duration will be finalised soon, while the parties agree that the funding period should be less than five years. The proposed loan represents part of Adani Group's ongoing offshore corporate funding plan. Thus far this month, Adani Group has issued a comparable sum through private bond placement. The transaction involved BlackRock Inc., a global asset manager, which joined other participants in funding the acquisition of the construction company.
The company seeks financing when the U.S. Department of Justice investigates bribery and fraud within the Adani Group. Following the investigation, multiple overseas banks demonstrate growing confidence in Adani Group's financial health and enduring market potential. If the potential loan gets final approval, it will become Adani Group's second major international funding deal within thirty days.
The trend reflects international banks' readiness to finance projects that the Adani Group develops, including airport development and infrastructure delivery. The project is part of a group-wide initiative to enhance operations within aviation and infrastructure areas.
Representatives at Barclays Plc and First Abu Dhabi Bank failed to release statements about their ongoing negotiations. Standard Chartered Bank and Adani Group did not comment on the issue during their responses to inquiries. This March, Power Finance Corporation Ltd., a state-run firm, completed a $1 billion debt refinancing operation for Adani Green Energy Ltd., which is part of the Adani Group.
The financial activities demonstrate how the conglomerate handles debt constraints while funding infrastructure ventures through all existing market pressures. The outcome of these loan negotiations will shape the Adani Group's financial strategy for the coming years, as approval would improve its cash flow and support project completion throughout India.