D&D, CAM act on $1.86bn Bangalore Airport debt, equity project financing

Bangalore International Airport Ltd (BIAL), the operator of Kempegowda International Airport in Bengaluru, has achieved financial closure for its ₹13,352-crore infrastructure expansion that includes construction of Terminal 2 and associated projects. — Hindu Business Line

Desai & Diwanji advised Bangalore International Airport Limited led by a team of partner Sumant Nayak, associate partner Smriti Mehta, senior associate Rumma Panchmatia, associate Devashree Limaye.

Cyril Amarchand Mangaldas Mumbai acted for the lenders.

2019-08-06

Deal value: Approx. Rs. 13,352 crore (debt & equity)

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