Adani Enterprises Ltd.

Adani Enterprises is reportedly in initial talks to raise $1.5 billion via bonds. Moreover, the company may raise $200 million 5 years bonds by June in first tranche. The company will use funds’ first tranche for Abott point terminal expansion, while second tranche will be used to fund Australian coal mine.

Standard charted Plc and DBS bank are lead bankers for the company. Meanwhile, the company is looking to sell stake in 189 km Rail line in Australia.

Adani Enterprises (AEL) is the flagship company of the Adani Group, it is the country's largest coal importer-turned-domestic private mine developer-cum-operator (MDO). The company is truly a diversified asset backed commodities trader, sourcing, producing, marketing and transporting them across the globe.