{
  "id": 10628011,
  "title": "Adani Airport Holdings raises $120 million through local bond issue",
  "url": "https://urgent.news/2026/09/29/adani-airport-holdings-raises-120-million-through-local-bond-issue",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-29T06:20:24.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/adani-airport-holdings-raises-120-million-through-local-bond-issue/article71522749.ece"
  },
  "original_language": "en",
  "account": "Adani Airport Holdings, a prominent player in the airport sector, has successfully raised $120 million through the issuance of local bonds, according to multiple sources. The three-year bonds, denominated in rupees, offer a coupon rate of 8.96 percent annually, with quarterly interest payments. These bonds have been given a strong AA- rating by India Ratings. The company had previously invited commitment bids for the issue on Friday, with the funds earmarked for capital expenditure and growth initiatives across Adani's airport network. However, Adani Airport Holdings did not provide a response to a Reuters inquiry for comment. The sources, who were not authorized to speak to the media, have declined to be identified. Reuters had previously reported that Adani Airports was among various companies planning to raise funds through rupee bond sales prior to the Reserve Bank of India's monetary policy decision on October 7. Multiple large Indian conglomerates, state-run entities, infrastructure investment trusts, and non-bank lenders are collectively raising around ₹29,000 crore ($3.02 billion) in short- and long-term bond issuances in anticipation of the policy review. Recently, Adani Airport Holdings also raised approximately $1 billion from notable private equity investors Alpha Wave Global, Premji Invest, Temasek, and BlackRock-managed funds, which valued the firm at around $18 billion.",
  "summary": "The proceeds will be used to fund capital expenditure across Adani’s airport network and support its broader growth plans: Source",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}