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Adani Ports raises $500 million in overseas bond sale

29 Jan 2021 Evaluate

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.

Adani Ports &Special Share Price

1577.55 4.45 (0.28%)
20-Apr-2026 16:59 View Price Chart
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