US EditionAdani Ports will raise a billion dollars more after its largest ever bond issue in India
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Adani Ports will raise a billion dollars more after its largest ever bond issue in India
MUNDRA : The owner of India’s largest port in Mundra, Gujarat, will raise $1 billion in ‘outstanding senior notes’ one or more tranches over the next six quarters, the company informed the exchanges. ‘Outstanding senior notes’ refer to the kind of debt raised by a company that enjoy the highest priority during repayment. The decision comes just a day after the ports operator, controlled by Gautam Adani (net worth $66.2 billion, as of May 31) rai…
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