Adani Ports to raise around Rs 9,357 crore through dollar bonds

08 Jul 2020 Evaluate
Adani Ports and Special Economic Zone (APSEZ) has received approval to issue of US dollar-denominated foreign currency bonds to raise nearly $1.25 billion (about Rs 9,357 crore). They will be issued in one or more tranches overseas and listed in any one or more stock exchanges in India or overseas. The proceeds of bonds will be used to repay its existing indebtedness and the indebtedness of its subsidiaries and other permissible end uses.
 
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.

Adani Ports &Special Share Price

1341.70 17.75 (1.34%)
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Company Name CMP
Adani Ports &Special 1341.70
JSW Infrastructure 245.50
Gujarat Pipavav Port 212.55
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