Adani Ports & Special Economic Zone to consider terms of proposed foreign currency denominated bonds issue

On 12 January 2017

Adani Ports & Special Economic Zone announced that the Company is contemplating, subject to market conditions, to undertake the issue of foreign currency denominated bonds (the "Issue") pursuant to the approval of the Board of Directors of the Company at its meeting held on 02 November 2015 and the approval of shareholders at their meeting held on 09 August 2016 and the pricing, tenure and other terms of the bonds to be issued pursuant to the Issue will be determined by the Finance Committee of the Company on 12 January 2017 or on a later date subject to market conditions and other considerations.

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