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Published on 10/31/2017 in the Prospect News Emerging Markets Daily.

New Issue: India’s Adani Ports allots Rs. 16 billion of redeemable debentures

By Sarah Lizee

Olympia, Wash., Oct. 31 – Adani Ports and Special Economic Zone Ltd. informed the Bombay Stock Exchange that it allotted Rs. 16 billion secured redeemable non-convertible debentures, according to a notice.

The 16,000 bonds were issued with a face value of Rs. 1 million each in a private placement.

The rated debentures will be listed on the wholesale debt market of the BSE Ltd.

The issuer is based in Ahmedabad, India, and operates ports and terminals around India.

Issuer:Adani Ports and Special Economic Zone Ltd.
Description:Secured redeemable non-convertible debentures
Amount:Rs. 16 billion
Allotment date:Oct. 31

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