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Adani Ports and Special Economic Zone (APSEZ) becomes India’s first infrastructure company to raise 20-year money from international markets

July 27, 2021 sanket

Adani Ports and Special Economic Zone (APSEZ) raises USD 750 Mn. of dual tranche 10.5-year and 20-year unsecured bonds in global capital markets Issuance increases the average life of long-term debt to over 7 years and reconfigures the ratio of APSEZ’s debt from overseas investors from 69% to 73% Marquee investors participated in APSEZ’s senior […]

Adani Ports increases its ownership from 75% to 100% in Krishnapatnam Port by acquiring Vishwasamudra Holdings’ 25% stake for Rs. 2,800 Crs.

April 5, 2021 sanket

Adani Ports (APSEZ) acquires 25% from Vishwa Samudra Holdings in Krishnapatnam Port for RS. 2,800 Cr The 100% acquisition of Krishnapatnam Port implies a 10.3x multiple on FY21 EBITDA and further enhances shareholder value Krishnapatnam Port being India’s second largest private sector port has a strong growth potential with a masterplan capacity of 300 MMTPA […]

Business

Adani Ports to acquire controlling interest of 58.1% in Gangavaram Port from DVS Raju Family for Rs 3,604 Cr

March 23, 2021 sanket

APSEZ to acquire controlling stake of 58.1% in Gangavaram Port Ltd (GPL) from DVS Raju and family for Rs. 3,604 Cr taking its stake in GPL to 89.6% GPL, with its strategic location and strong hinterland has a potential to become a 250 MMT port GPL will benefit from APSEZ’s platform to improve market share, […]