Adani Ports offers to buy back up to $195 mln of 2024 bond
Adani Ports and Special Economic Zone APSE.NS will buy back as much as $195 million of its 2024 bond, the billionaire Gautam Adani-led company said in an exchange filing on Wednesday. Adani Ports had started a buyback program of some debt securities in April to prepay part of its near-term loans due next year. Earlier this year, the ports and logistics company had floated a tender of up to $130 million as it tried to boost investor confidence after the group’s shares were hit by a U.S. short-seller’s report in ...
Read More »