Thursday, November 28

Adani Electricity announces buyback of $120mn senior secured notes due in 2030

Adnai Electricity has announced a tender offer to buy part of its outstanding senior secured notes worth $120 million, which are due in 2030. "The distribution arm of Adani Energy Solutions Ltd, Adani Electricity Mumbai Limited, today announced a tender offer to buyback up to $120 million of its outstanding 3.949% $1,000 million senior secured notes due 2030," a company statement said on Monday. The company will, from time to time, carry out similar market actions all the way to the maturity of the bonds subject to market conditions, using the available liquidity of the company.
  • News Source Indiatimes (Click to view full news): CLICK HERE
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