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MARKETS-ECONOMIC TIMES · INDIAN ·

Adani Airport Holdings raises $120 million through local bond issue

As reported by Markets-Economic Times
Adani Airport Holdings successfully conducted a bond sale, raising 10 billion rupees to support its operations. The three-year bonds have a coupon rate of 8.96% per annum, payable quarterly. These funds will be used for capital expenditure across Adani's airport network to enhance growth. The company also recently raised around $1 billion from private equity investors.
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