Business Standard

Rating outlook for Mumbai Airport revised to stable

Related News

India Ratings has revised the outlook on Mumbai Airport's project bank loans to stable from negative, following clarity on near term issues like regulatory settlement of the final project cost. The project is being managed by promoted Mumbai International Airport Private Ltd. The revision in outlook for loan factors in Airports Economic Regulatory Authority of India’s (AERA) orders on levy of the airport development fee (ADF). It also affirmed the ratings at Long-Term 'BBB+'.

Read more on:   
|
|

Rating outlook for Mumbai Airport revised to stable

India Ratings has revised the outlook on Mumbai Airport's project bank loans to stable from negative, following clarity on near term issues like regulatory settlement of the final project cost. The Mumbai airport project is being managed by GVK promoted Mumbai International Airport Private Ltd. The revision in outlook for loan factors in Airports Economic Regulatory Authority of India’s (AERA) orders on levy of the airport development fee (ADF).

India Ratings has revised the outlook on Mumbai Airport\'s project bank loans to stable from negative, following clarity on near term issues like regulatory settlement of the final project cost. The Mumbai airport project is being managed by GVK promoted Mumbai International Airport Private Ltd. The revision in outlook for loan factors in Airports Economic Regulatory Authority of India’s (AERA) orders on levy of the airport development fee (ADF). It also affirmed the ratings at Long-Term \'BBB+\'.

image

Read More

Going out of Citi Suvidha? Keep higher balance

Citi India’s ‘Suvidha’ salary account holders will need to maintain a monthly net relationship value of Rs 1 lakh if their salary is no longer ...

Recommended for you

Advertisements

Quick Links

More news from Finance Rss icon

CCI dismisses complaint against Tamilnad Mercantile Bank

Order was made after a complaint filed by a timber company

SBI to make room for foreign partner

To cut stake in general insurance venture to 51% from 76%

UBI won't lend aggressively despite removal of lending restriction: CEO

The bank will continue to focus on lending to retail and SME sectors

Back to Top