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| HIAL achieves financial closure |
| 24 Aug. 2005, Hyderabad |
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| Hyderabad International Airport Limited (HIAL) has achieved financial closure on Monday with a tie-up for debt totaling for Rs 960 crore with IDFC as the lead lender to the consortium. The project with a debt to equity ratio of 1.2:1 has GMR Infrastructure, Malaysia Airport Holdings Berhard, Airport Authority of India and Govt of Andhra Pradesh as its equity partners. |
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| Courtesy by: Financial Express |
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