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Adani Cement refinances USD 3 5 billion from 10 international banks terming out the acquisition finance facility by a tenor of 3 years

Adani Enterprises Ltd: Adani Cement refinances USD 3 5 billion from 10 international banks, terming out the acquisition finance facility by a tenor of 3 years

Adani Enterprises Ltd: Adani Cement refinances USD 3 5 billion from 10 international banks, terming out the acquisition finance facility by a tenor of 3 years
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Business News | Adani Cement Refinances USD 3 5 Billion from 10 International Banks, Terming out the Acquisition Finance Facility by a Tenor of 3 Years

Get latest articles and stories on Business at LatestLY. Ahmedabad (Gujarat) [India], October 24: Adani Cement, through Endeavour Trade and Investment Ltd, is pleased to announce the successful completion of its refinancing program for acquisition debt taken for Ambuja and ACC, through a USD 3,500 million financing package, raised from a clutch of international banks. This showcases Adani's robust access to the global financial market and strong liquidity position. This achievement reflects our commitment to financial stability and growth. This facility will result in an overall cost saving of ~ USD 300 million for the Adani Cement vertical. Business News | Adani Cement Refinances USD 3.5 Billion from 10 International Banks, Terming out the Acquisition Finance Facility by a Tenor of 3 Years.

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