Fitch Upgrades Mumbai Airport’s USD Notes to ‘BBB-’; Signals Stronger Financial Outlook

Unknown Apr 02, 2026 750 Views

Fitch Ratings has upgraded the rating on Mumbai International Airport Ltd’s (MIAL) USD 750 million senior secured notes due 2029 from ‘BB+’ to ‘BBB-’, with a Stable Outlook. The agency also assigned a ‘BBB- (EXP)’ rating to MIAL’s proposed new USD b...