Adani NCD issue: Adani Enterprises launches Rs 1,000 crore NCD...

Adani NCD issue: Adani Enterprises launches Rs 1,000 crore NCD offer at 9.3% yield, aims to repay debt

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Adani Enterprises Ltd (AEL) is launching a public issue of secured non-convertible debentures (NCDs) worth up to ₹1,000 crore, offering yields up to 9.3% per annum. Opening on July 9 and closing on July 22, the issue has tenors of 24, 36, and 60 months. Proceeds will primarily be used for debt repayment.

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