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By EquityPandit

Adani Ports has raised Rs 750 crore via debentures

February 17, 2016

Adani Ports and Special Economic Zone (APSEZ) has announced that it has raised Rs 750 crore through issuing non-convertible debentures on a private placement basis.

APSEZ has said in a BSE filing that “The company has raised Rs 750 crore by allotment of 7,500 rated, listed, taxable, secured, redeemable, NCDs (non convertible debentures) of the face value of Rs 10,00,000 each on private placement basis.”

It further added that the NCDs will be listed on the wholesale debt market segment of BSE Limited.

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