GMR Airports plans Rs 1,950-cr debt raise at over 13% yieldCredit Solutions India Trust has committed ₹500 crore as the anchor investor for this offering, people aware of the development said.
20 Nov, 2023, 06.06 AM IST
GMR Group seeks to refinance ₹4,000 crore Goa, Hyderabad airport debtOf this, ₹2,500 crore will be for GMR Hyderabad International Airport Ltd (GHIAL), to refinance a portion of the debt raised for the expans...
16 Mar, 2023, 11.54 PM IST
GMR Hyderabad International Airport to raise ₹1,250 cr via NCDs to prepay maturing dollar bondsGHIAL (excluding subsidiaries) had a debt of ₹7,050 crore as on September 30, 2022 which consisted of bonds of $950 million. The dollar bon...
04 Dec, 2022, 11.57 PM IST
GMR Airports raises ₹1,110 croreGMR Airports, which operates Delhi and Hyderabad airports, paid entire dues to DB International and Aditya Birla Capital, but part payment ...
29 Sep, 2022, 12.22 AM IST
Fitch affirms Delhi, Hyderabad airports' ratings at 'BB+' with negative outlookThe Negative Outlook reflects the ongoing uncertainty relating to the timing and duration of the traffic shock and recovery caused by the c...
12 May, 2020, 03.00 PM IST
GMR unit to raise $300 million for airport expansionThe GHIAL alloted $300 million 5.375 per cent senior secured notes of 5-year tenure.
04 Apr, 2019, 08.26 PM IST
GMR Hyderabad International Airport to raise Rs 2,276 crore global bondsGHIAL said it plans to entirely refinance the outstanding rupee term loans and external commercial borrowings, apart from deploying them to...
20 Oct, 2017, 11.48 PM IST
Moody's assigns Ba1 rating to GMR's Hyderabad AirportGHIAL has a long-term concession to operate Hyderabad airport, which is one of the leading airports in India.
10 Oct, 2017, 02.14 PM IST
Abu Dhabi Investment Authority may pick up to 49% in GMR’s Hyderabad AirportOne of the most indebted infra cos in India, GMR owed Rs 19,856 cr at the end of FY17, although this amount is down by nearly half from the...
17 Jul, 2017, 12.19 AM IST
Icra upgrades Hyderabad airport's debt rating to AAThe rating is for the airport's Rs 1,667.36 crore fund-based facilities and Rs 11.24 crore unallocated limits.
07 Jul, 2017, 02.46 PM IST
Green panel nod for Rs 2600 crore GMR Hyderabad airport expansion planGHIAL which manages the airport is in the process of expanding the current design capacity from the existing 12 million passengers per annu...
15 Jun, 2017, 06.43 PM IST
5 key airports continue to record Y-o-Y profit in FY14: India Ratings and ResearchThe cascading effect of the increase in domestic and international enplanements has resulted in y-o-y increase in non-aeronautical revenues...
01 Jan, 2015, 05.43 PM IST
- Global aviation cos' India hub plans may create 6 lakh jobs over 10 years
Plane servicing costs in India are $30-35 per man-hour in India, almost half of around $60 in other locations, attracting more companies to...
26 Nov, 2009, 01.52 AM IST
- GHIAL: Grounded before take-off
The landing systems had been calibrated, duty-free shops were stocking up on liquor and perfume, software on the check-in counters had been...
17 Mar, 2008, 12.08 AM IST
- Ground handling clouds loom over new Hyderabad airport
The airlines, led by Jet Airways, want to handle the aircraft themselves since this is cheaper. But GHIAL want the airlines to use the grou...
14 Mar, 2008, 01.39 AM IST
- User fees, airport charges make flying a costly affair
User fees and recovery of infrastructure charges by concessionaires on fuel and baggage handling will be passed on to passengers. Fly your ...
09 Feb, 2008, 01.30 PM IST
- Tata Tele bags fixed phone lines contract from GHIAL
GMR Infrastructure said its joint venture firm GMR Hyderabad International Airport Ltd (GHIAL) has awarded the fixed line services manageme...
27 Dec, 2007, 08.06 PM IST