Adani Ports raises Rs 5,000 cr in its largest ever domestic bond issue
Adani Ports raises Rs 5,000 cr in its largest ever domestic bond issue
NEW DELHI: (May 30) Adani Ports and Special Economic Zone Ltd (APSEZ), India's largest integrated transport utility, on Friday said it has raised Rs 5,000 crore in its largest ever domestic bond issue.
APSEZ raised the fund through a 15-year Non-Convertible Debenture (NCD) from Life Insurance Corporation of India (LIC), the firm said in a statement.
NCDs were raised at a competitive 7.75 per cent per annum coupon rate.
