Sri Lanka's Hambantota begins container operations with MSC
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BUSINESS STANDARD reports:
Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has raised $750 million overseas via unsecured bonds.
In an exchange filing, the Gautam Adani-led company informed that the coupon rates for the 20-year bonds and 10.5-year tranche were fixed at 5 per cent and 3.8 per cent respectively.
“The issuance was closed on July 26, 2021 and was oversubscribed over three times. APSEZ has continued to receive exceedingly strong participation (for its successive bond offerings) from its high-quality real money investors across all geographies,” said the company in its filing.
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