Adani NCD issue: Rs 1,000cr offer fully subscribed in 45 mins; base size filled in 10 mins
Adani NCD issue: Rs 1,000cr offer fully subscribed in 45 mins; base size filled in 10 mins
Adani Enterprises Limited's Rs 1,000 crore non-convertible debenture issue was fully subscribed within 45 minutes of opening on Tuesday. The NCDs, offering an effective yield of up to 8.90% per annum, saw strong demand, with the base issue and green shoe option being fully taken up quickly. Proceeds will primarily be used for debt repayment.
Adani Enterprises Limited's Rs 1,000 crore non-convertible debenture issue was fully subscribed within 45 minutes of opening on Tuesday. The NCDs, offering an effective yield of up to 8.90% per annum, saw strong demand, with the base issue and green shoe option being fully taken up quickly. Proceeds will primarily be used for debt repayment.
Adani Enterprises Limited's Rs 1,000 crore non-convertible debenture issue was fully subscribed within 45 minutes of opening on Tuesday. The NCDs, offering an effective yield of up to 8.90% per annum, saw strong demand, with the base issue and green shoe option being fully taken up quickly. Proceeds will primarily be used for debt repayment. 
