Adani Ports Bond Buyback Eases Refinancing Risk, Ensures Liquidity: S&P Global Ratings
Tuesday, 25 April 2023Newsdesk
Adani Ports and Economic Zone, a company of the Adani Group, yesterday announced it has started a buyback programme of certain debt securities to partly prepay near-term loans due in 2024.
New Delhi 25 April 2023
As per news report of NDTV,The buyback of debt securities by Adani Ports and Special Economic Zone has eased refinancing risk and the company will have "adequate liquidity" over the next 12 months, according to S&P Global Ratings.
Source - NDTV
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