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![arbindtiwariT Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::3278526270.png) 🅰arbind Tiwari #🅰3️⃣RT Signature Financial Serv. [@arbindtiwariT](/creator/twitter/arbindtiwariT) on x 3432 followers
Created: 2025-07-21 11:11:55 UTC

#GMR Airports Ltd, the operator of Delhi, Hyderabad and Goa airports, is looking to raise between Rs XXXXX crore and Rs XXXXX crore to refinance its debt, sources....

The airport operator is working with investment bank Morgan Stanley to raise fresh debt, which will be used to repay the existing higher cost debt.

Sources said GMR Airports is likely tap mutual funds to raise a substantial part of the new debt, as in the recent case of Jubilant group promoters, the Bhartia family.

The Jubilant Group’s promoters raised around Rs XXXXX crore from mutual funds through non-convertible debentures (NCDs) to finance their XX percent stake purchase in Hindustan Coca Cola Holdings, the parent of Coca-Cola’s largest bottling business in India.

Morgan Stanley was also the adviser to the Jubilant promoters. The structure of the GMR Airports deal is still being worked upon and final contours could change, sources said.

#A3RT @arbindtiwariT


XXX engagements

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**Related Topics**
[investment](/topic/investment)
[debt](/topic/debt)
[goa](/topic/goa)
[gmr airports](/topic/gmr-airports)
[serv](/topic/serv)
[morgan stanley](/topic/morgan-stanley)
[stocks financial services](/topic/stocks-financial-services)

[Post Link](https://x.com/arbindtiwariT/status/1947253200236744978)