India's Adani Enterprises plans public bond sale
This will be the second time within a year that Adani Enterprises will tap the retail bond market. In September 2024, the company raised 8 billion rupees through a public issue, which was its first such debt sale.
The proposed issue includes a greenshoe option of 5 billion rupees.
Nuvama Wealth Management, Trust Investment Advisors and Tip Sons Consultancy Services will be the lead managers for the bond sale.
The tenor, coupon and the launch date have not yet been decided for the bonds that are rated AA- by Icra and Care Ratings. REUTERS
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