Adani Ports SEZ approves fundraise of upto $750 mn through issue of notes
The company intends to use the proceeds from this offering to repay existing indebtedness, for capital expenditures and for general corporate purposes. July 27, 2021 10:08 IST | India Infoline News Service The Finance Committee of Adani Ports and Special Economic Zone Limited has approved the issuance of fixed-rate senior unsecured notes aggregating to US$ 750 million and has approved the pricing, tenure, and other terms of the Notes. “The company intends to use the proceeds from this offering to repay existing indebtedness, for capital expenditures and for general corporate purposes,” Adani Ports said in a filing on Monday.