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    Sonal Shridhar Shinde in News

    24-Apr-2023 06:08 AM


    Dollar Bonds Of Adani Ports Up As Company Begins Debt Buyback

    The dollar bonds of Adani Transmission and Adani Green Energy were trading mixed.
    On Monday, Adani Ports and Special Economic Zone, part of the beleaguered Adani Group, said it has floated a tender of up to $130 million of 3.375% 2024 maturity dollar-denominated bonds.
    The note was the lead gainer among all the group companies.
    The company has engaged Barclays Bank, DBS Bank, Emirates NBD Bank PJSC, First Abu Dhabi Bank, PJSC, MUFG Securities Asia Singapore Branch, SMBC Nikko Securities (Hong Kong), and Standard Chartered Bank to serve as dealer managers for the offer.
    Source: NDTV