|
| Exchange Disseminated Time 11/11/2016 09:00:11 | Adani Ports and Special Economic Zone Ltd has informed BSE that pursuant to the powers delegated to the Finance Committee by the Board of Directors of Adani Ports and Special Economic Zone Limited (the "Company"), the Finance Committee has approved the preliminary offering circular in relation to a proposed issuance of foreign currency denominated bonds by the Company.
Further, the Company has appointed intermediaries for organizing investor meetings for the proposed foreign currency denominated bonds issue. The foreign currency denominated bonds offering may follow, subject to market conditions.
The Company has been rated Baa3 by Moody's, BBB- by S&P and BBB- by Fitch and expects the same ratings for its foreign currency denominated bonds.
The meeting commenced at 8.00 a.m. and concluded at 8.30 a.m. |
|
|