infrastructure
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Apollo Provides $750 Million High-Grade Capital Solution to Mumbai International Airport Ltd. in Second Deal
Apollo is investing $750 million in Mumbai International Airport (MIAL), a subsidiary of Adani Airports Holdings Limited. This investment, channeled through senior secured notes, will refinance existing debt and fund operational improvements, modernization, and sustainability projects. With the potential for an additional $250 million in financing, the deal supports India’s economic growth and showcases Apollo’s commitment to infrastructure development in a key market.
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Guangdong Private Cars Expected to Access Hong Kong Directly for Tourism and Family Visits This Year
Hong Kong plans to allow Guangdong-registered private vehicles to enter via the Hong Kong-Zhuhai-Macau Bridge, mirroring the existing scheme for Hong Kong cars. This “Guangdong Cars Southbound” program aims to simplify cross-border travel for short trips, boosting regional economic activity. The government is preparing by assessing infrastructure, ensuring safety standards, and developing user-friendly guidelines. It builds upon the success of the “Hong Kong Cars Northbound” and includes new parking facilities, anticipating significant traffic increases.
