Adani Ports & Special Economic Zone $650 million 3.5% notes issue

Overview:

• Adani Ports and Special Economic Zone has issued $650 million in senior unsecured notes.
• The 3.5% notes are due in 2020.
• The notes were issued pursuant to Rule 144A/Reg S.
• Barclays, Emirates NBD, SBI Capital Markets, Bank of America Merrill Lynch and Citibank acted as joint lead managers.
• Adani Ports is India's largest private developer and operator of ports and related infrastructure.

Katrin Kostadinova - Data analyst