Adani Ports and Special Economic Zone Ltd.

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India Ratings assigns provisional rating to bank facilities of Adani Ports

Date: 16-07-2016

Credit rating agency, India Ratings & Research has assigned a provisional ‘AA+’ rating with a stable outlook for proposed Non-Convertible Debentures (NCDs) of Rs 1,000 crore of Adani Ports and Special Economic Zone (APSEZ).

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.