ALPHA TRIBE

Adani Ports and Special Economic Zone LimitedImportant, 30-05-2025: General Updates

30-05-2025 | 12:15 pm

Adani Ports has raised Rs 5,000 Cr through a 15-year NCD fully subscribed by LIC at a 7.75% coupon, marking its longest debt tenure and extending average maturity from 4.8 to 6.2 years. The funds will be used to buy back USD bonds, enhancing financial flexibility and lowering capital costs. This supports APSEZ’s long-term plan to double cargo volumes by FY30 and expand its logistics and marine businesses, reinforcing its leadership as India’s largest integrated transport utility.

No comments yet. Be the first to comment!

All announcements from Adani Ports and Special Economic Zone Limited