Adani Ports and Special Economic Zone Ltd.

BSE: 532921 | NSE: ADANIPORTS
Large Cap | Port
1408.55
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India Ratings & Research assigns rating to bank facilities of APSEZ

Date: 08-06-2016

Credit rating agency- India Ratings & Research has assigned final 'AA+' rating with Stable Outlook for the NCDs of Adani Ports and Special Economic Zone (APSEZ). Earlier in May 25, 2016, the rating agency has assigned ‘Provisional ‘AA+’ rating with a stable outlook for proposed Non-Convertible Debentures (NCDs) of Rs 200 crore to the Company.

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.