Adani Enterprises has informed that the Board of Directors of Mumbai International Airport (the Issuer), a step down subsidiary company of Adani Enterprises, at its meeting held on 14th January 2022, has approved the issuance of US Dollar denominated Rule 144A/ Reg S Senior Secured Fixed Rate Bonds (Notes), which may, be issued in one or more tranches overseas and that may be listed in any one or more stock exchanges in India or overseas. The proceeds from the issuance of the Notes will be utilised for refinancing of existing debt and to fund capital expenditure requirements of the Issuer, in accordance with applicable laws. The total amount raised will not exceed $1.25 Billion. The pricing, tenure and other terms of the Notes to be issued will be determined by the Authorized Signatories of the Issuer, on or after 19th January 2022, and such details shall be intimated in due course. Please treat this as an intimation required under Regulation 30 of the Listing Regulations. The required details of the abovementioned issuance pursuant to the Listing Regulations are annexed herewith as Annexure-I.
The above information is a part of company’s filings submitted to BSE.