29 Sep 2025 | 3 Mins Read
Air India secures $215 million loan from Standard Chartered
Flipitmoney
Air India secured a $215 million six-year loan from Bank of India and Standard Chartered through GIFT City, priced at 168 basis points over the SOFR rate. Proceeds will refinance debt used to acquire six Boeing 777-300ER aircraft. The loan marks Bank of India's first role as mandated lead manager in a GIFT City deal.