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GMR looking to raise capital through share sales

14-Dec-2009

GMR Infrastructure Ltd announced its Board of Directors has approved plans to raise funds up to USD108 million through an issue of unsecured non-convertible debentures on a private placement basis. The company launched an IPO earlier in the year, but cancelled the offering due to a lack of demand. [1737 words]

Unlock the following content in this report:

Subheadings:

  • DIAL raises USD350 million through London Interbank Offered Rate
  • GHIAL moves back breakeven expectations
  • Both GHIAL and DIAL seek to increase airport charges
  • AERA permits extension to final project cost estimates
  • DIAL installs Category I instrument landing system
  • Delhi Metro Express Line airport link expected to handle 40,000 passengers per day
  • CFM International to open maintenance training centre at GHIAL

Graphs and data:

  • Hyderabad International Airport passenger traffic growth (% change year-on-year): Sep-2006 to Sep-2009
  • Delhi International Airport passenger traffic growth (% change year-on-year): Sep-2006 to Sep-2009
  • Features of Delhi Airport’s Terminal 3
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