Archive · 28 May 2025
Adani Ports Plans Record Bond Issue in Indian Market
Imagine a company called Adani Ports that needs money.
They're going to borrow money by selling bonds, which are like IOUs.
These bonds will be offered in the local market, and this will be the company's largest bond offering ever.
The company will offer bonds for 15 years and is expected to offer approximately a 7.75% interest rate.
This is a return to the market for Adani Ports after a 17-month pause.
Banks and investors will be asked to bid on Thursday.
The company's board has approved raising up to 60 billion rupees through bond sales earlier.
Rating agencies have given these bonds the highest possible rating.
Adani Ports plans to issue rupee-denominated bonds.
The company aims to raise up to 50 billion rupees.
This marks the largest bond offering and longest tenure for Adani Ports.
The company last issued bonds in January 2024.
The bonds have been rated AAA by several agencies.
- Who
- Adani Ports and Special Economic Zone (APSEZ).
- What
- Adani Ports plans to issue bonds to raise up to 50 billion rupees.
- When
- The company is set to re-enter the bond market after a 17-month break, with bids invited on Thursday.
- Where
- India's domestic bond market.
- Why
- Adani Ports aims to raise capital for its operations.
- Company
- Adani Ports and Special Economic Zone (APSEZ)
- Amount to be raised
- Up to 50 billion rupees ($583.57 million)
- Bond Tenure
- 15 years
- Coupon Rate (Approx)
- 7.75%
- Previous Bond Issuance
- January 2024
- Ratings
- AAA by Crisil, Icra, and Care