APSEZ planning to raise up to $700 million through foreign currency bonds

10 Jul 2019

Adani Ports and Special Economic Zone (APSEZ) is planning to raise up to $700 million by way of issuance of dollar-denominated foreign currency bonds which may be issued in one or more tranches overseas. The board of directors at their meeting on July 12, 2019 will consider the same.

APSEZ is part of Adani Group with businesses spanning coal trading, coal mining, oil & gas exploration, ports, multi-modal logistics, power generation & transmission and gas distribution. APSEZ represents a large network of ports with India’s largest Special Economic Zone (SEZ) at Mundra.

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