Adani Ports' Rs 5,000 Crore Bond Sale Draws LIC's Interest, Say Reports

APSEZ’s plan to become a 1-billion tonne cargo giant - India Seatrade News

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s biggest port and transport company, just made a big move. The company raised ₹5,000 crore by selling bonds, which is the largest amount it has ever raised from India’s bond market. These bonds are called Non-Convertible Debentures (NCDs), and they will last for 15 years. The entire […]

Vedanta to raise up to Rs 5,000 crore via debentures

New Delhi, Mining conglomerate Vedanta Ltd on Friday said the committee of directors has approved raising up to Rs 5,000 crore via issuance of debentures. “The duly authorised committee of directors at its meeting held today… has considered and approved the issuance of unsecured, rated, listed, redeemable, non-convertible debentures (NCDs) on a private placement basis… aggregating up to Rs 5,000 crore,” the filing said. The issue will be listed …

Adani Ports Raises ₹5,000 Crore via 15-Year NCD Fully Subscribed by LIC

Adani Ports and Special Economic Zone (APSEZ) has successfully raised ₹5,000 crore through a 15-year Non-Convertible Debenture (NCD) issuance, fully

Adani Ports raises Rs 5000 crore via NCDs: LIC fully subscribes

New Delhi: Adani Ports and Special Economic Zone Ltd (APSEZ) has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Life Insurance Corporation (LIC) fully subscribed the Rs 5,000 crore issue by Adani Ports APSEZ. The issue is backed by APSEZ’s strong financials and a ‘AAA/Stable’ domestic credit rating. Rs 5,000 crore was raised through the sale of bonds maturing in 15 years at 7.75 per cent annual coupon. The …

Adani Ports Taps its Largest Ever Domestic bond – Rs 5,000 Crore Through a 15-Year NCD

Ahmedabad: Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest integrated transport utility, has successfully raised INR 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a ‘AAA/Stable’ domestic credit rating, the issue locked in a competitive coupon rate of 7.75% p.a. and was fully subscribed by LIC. The debentures will be listed on the BSE. The issue shows APSEZ’s deep access …

Adani Ports taps its largest ever domestic bond - Rs 5,000 crore 15-year NCD - ChiniMandi

Ahmedabad (Gujarat): Adani Ports and Special Economic Zone (APSEZ) on Friday announced it has successfully raised Rs 5,000 crore through a 15-year Non-Convertible Debenture (NCD). Backed by APSEZ’s strong financials and a ‘AAA/Stable’ domestic credit rating, the issue locked in a competitive coupon rate of 7.75 per cent per cent, and was fully subscribed by LIC, the Adani Group company said in a statement. Debentures are long-term financial inst…