17 Jan 2022 , 10:23 AM
The Board of Directors of Mumbai International Airport Limited (Issuer), a step-down subsidiary company of Adani Enterprises Limited, at its meeting held on January 14, 2022, has approved the issuance of US Dollar-denominated Rule 144A/ Reg S Senior Secured Fixed Rate Bonds (“Notes”), which may be issued in one or more tranches overseas and that may be listed in any one or more stock exchanges in India or overseas.
The proceeds from the issuance of the Notes will be utilized for refinancing of existing debt and to fund capital expenditure requirements of the Issuer, in accordance with applicable laws. The total amount raised will not exceed USD 1.25 Billion.
The pricing, tenure and other terms of the Notes to be issued will be determined by the Authorized Signatories of the Issuer, on or after January 19, 2022, and such details shall be intimated in due course.
At around 10.05 am, Adani Enterprises Ltd was trading at Rs1,869.70 per piece down by Rs2.1 or 0.11% from its previous closing of Rs1,871.80 per piece on the BSE.
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.