BS: Adani Ports raises $750m overseas via long-term bonds in two tranches

BUSINESS STANDARD reports:
Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has raised $750 million overseas via unsecured bonds.
In an exchange filing, the Gautam Adani-led company informed that the coupon rates for the 20-year bonds and 10.5-year tranche were fixed at 5 per cent and 3.8 per cent respectively.

“The issuance was closed on July 26, 2021 and was oversubscribed over three times. APSEZ has continued to receive exceedingly strong …

The post BS: Adani Ports raises $750m overseas via long-term bonds in two tranches appeared first on The Loadstar.

Source: The Loadstar

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