Adani Ports To Consider Buyback Of Some Dollar Bonds

Adani Ports considers dollar bond buyback amid rising cash flows

New Delhi, May 29 (PTI) Adani Ports and Special Economic Zone (APSEZ), the transport and logistics arm of Adani Group, plans to consider a US dollar bond buyback as robust business growth has given it ample cash flows. The board is scheduled to meet on May 31, 2025, to deliberate on the proposal, subject to prevailing market conditions, according to a regulatory filing. The move comes on the back of robust cash flows. "We have more cash flow tha…

Adani Ports To Consider Buyback Of Some Dollar Bonds

Adani Ports and Special Economic Zone Ltd.'s board will consider a buyback of certain dollar-denominated bonds in this financial year, subject to market conditions.The board will meet on Saturday to mull the proposal, according to a stock exchange filing late on Wednesday.As per their latest financial reports, the company's cash balance stood at Rs 8,001 crore as of the period ended March 31, 2025. Net debt to Ebitda ratio was at 1.9 times in FY…