LIC subscribes to Rs 5,000 crore bond issue by Adani Ports as part...

Dununu.com Dununu

Patrocinado

LIC subscribes to Rs 5,000 crore bond issue by Adani Ports as part of debt refinancing

RSS Feed Business

Postado

90

LIC has fully subscribed to Adani Ports' ₹5,000 crore NCD issue, supporting their strategy to replace short-term debt with longer-term, lower-cost options. The 15-year bond, with a 7.75% coupon rate, will fund capital expenditure and refinance existing liabilities. This move extends Adani Group's debt maturity profile, lowering their average cost of funds to 7.92% in fiscal year 2025.

Read Full Article

Faça o login para curtir, compartilhar e comentar!

Virat Kohli cries like a baby in Anushka Sharma's arms

Royal Challengers Bengaluru have finally ended their trophy drought. After 18 long years and...

Por 0 0

Elon Musk's sudden 'I'm sorry but I just can't stand it anymore' outburst on Trump's 'big, beautiful bill'

Por 0 3

IPL 2025 Final: Virat Kohli breaks down as RCB finally clinch elusive title - watch

Virat Kohli's Royal Challengers Bengaluru clinched their first-ever IPL title in 2025, sparking...

Por 0 5

Dharmendra on Salim adding Helen's name Alvira's wedding invite

Helen, reflecting on her marriage to Salim Khan while he was already married to Salma Khan,...

Por 0 12

Anushka jumps in joy as Virat Kohli sheds happy tears

Royal Challengers Bengaluru have finally done it. After 18 long years and countless heartbreaks,...

Por 0 12