GMR Airports Plans ₹6,000 Cr Debt Raise

  Published 10 months ago

GMR Airports to raise ₹60 billion via bonds, marking its biggest debt issue, with a 10.5% coupon on both tranches.

  • ₹18 billion to be raised via 18-month bonds, primarily targeting domestic mutual fund investors.
  • ₹42 billion via three-year bonds, with major interest from large foreign lenders expected.
  • Bonds rated A+ by Crisil; funds to support operations at major airports, including Delhi and Hyderabad.

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