Business Standard

Monday, December 23, 2024 | 08:08 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Adani International Container Terminal receives strong response for its maiden USD bond issuance

Image

Capital Market
Adani International Container Terminal (AICTPL), a 50:50 joint venture between Adani Ports and Special Economic Zone and Terminal Investment, settled its first USD 300 million public USD bond issuance on 21 December 2020. The issue witnessed large participation from marquee real money investors with interests coming from around 220 accounts leading to approx. 10 times oversubscription. The issue of ~10 Years was priced at par to yield 3.00% which is also the lowest coupon achieved by any corporate Indian issuer in the last 5 years

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Dec 28 2020 | 9:08 AM IST

Explore News