Adani Airports Holdings Limited (AAHL), a subsidiary of Adani Enterprises and India’s largest private airport operator, has raised USD 1 billion in project financing to support the ongoing development and modernization of Mumbai International Airport Ltd (MIAL). Led by Apollo-managed funds, with additional backing from BlackRock, Standard Chartered, and other global institutions, the transaction marks India’s first investment-grade private bond issuance in the airport infrastructure sector.