Adani Airports raises Rs 400 crore via NCDs

Adani Airports raises Rs 400 crore via NCDs

Adani Airports Holdings raised Rs 400 crore secured, listed, rated, non-convertible debentures for three and five years offering 10%, said senior officials from the money market. The bonds are raised for capex funding, refinance, and for loans to its special purpose vehicles. While the coupon would be payable annually, the principal will be bullet payment, … Read more