Asia/Pacific

MGAE CLOSES DEAL FOR SHAMSHABAD MRO FACILITY

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MGAE CLOSES DEAL FOR SHAMSHABAD MRO FACILITY

MAS GMR Aerospace Engineering (MGAE) has closed a deal for the financing of its proposed Aircraft Maintenance, Repair and Overhaul (MRO) facility at Shamshabad airport. The Overall project costs Rs.309 Crore, which is being funded with Rs.77 crore of equity and Rs.232 crore of debt. The debt is...

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