Adani Electricity Mumbai lists USD 2-bn global medium term note on India INX
Adani NSE -0.10 % Electricity Mumbai has listed its USD 2 billion global medium term note programme on BSE-owned India International Exchange’s debt listing platform, the bourse said in a statement on Wednesday. With this, the total medium term note (MTN) listings on India INX’s GSM platform reaches USD 52.57 billion.
In market parlance, the medium-term note refers to a debt note that usually matures in 5-10 years.
“Our competitive listing guidelines and seamless processes have made it possible for more and more issuers to list on our platform,” India INX MD and CEO V. Balasubramaniam said.
