Adani Ports and Special Economic Zone (APSEZ) has raised $500 million by selling 10-year bonds to international investors at a coupon of 3.10 percent. The senior unsecured US dollar note was oversubscribed six times by marquee international investors, helping it fix the coupon at a low 3.10 per cent. Last July, it had paid 4.2 percent for a similar issue of $750 million.
This is the third large bond sale by domestic issuers after Exim Bank's $1 billion issue at record low prices in the first week of the month, followed by State Bank of India in the second week with a USD 6-million bond sale.
Adani Ports and Special Economic Zone (APSEZ), a part of globally diversified Adani Group, is the largest integrated logistics player in India.
| Company Name | CMP |
|---|---|
| Adani Ports &Special | 1577.55 |
| JSW Infrastructure | 278.15 |
| Gujarat Pipavav Port | 158.05 |
| Paradeep Parivahan | 137.85 |
| View more.. | |
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