{"id":344375,"date":"2020-03-31T11:12:36","date_gmt":"2020-03-31T05:42:36","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=344375"},"modified":"2020-03-31T11:32:10","modified_gmt":"2020-03-31T06:02:10","slug":"gmr-airports-international-partner-groupe-adp-raises-e2-5-billion-in-bonds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gmr-airports-international-partner-groupe-adp-raises-e2-5-billion-in-bonds\/","title":{"rendered":"GMR Airports\u2019 international partner Groupe ADP raises \u20ac2.5 billion in bonds"},"content":{"rendered":"<p>GMR Airports\u2019s international partner, Groupe ADP of France, has raised \u20ac2.5 billion in bonds in two-parts. <\/p>\n<p>In February, the GMR Group had signed a Share Purchase Agreement with Groupe ADP to divest 49 per cent stake in GMR Airports Ltd (GAL) for an equity consideration of \u20b910,780 crore. <\/p>\n<p>The two-part bonds having different maturity have been priced at effective interest rate of 2.125 per cent and 2.75 per cent, respectively. The bonds were over-subscribed by more than five times. <\/p>\n<p>The over-subscription of bonds in the current economic scenario is the testimony of the faith international investors have in Groupe ADP, as global airport developer and operator.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GMR Airports\u2019s international partner, Groupe ADP of France, has raised \u20ac2.5 billion in bonds in two-parts. In February, the GMR Group had signed a Share Purchase Agreement with Groupe ADP to divest 49 per cent stake in GMR Airports Ltd (GAL) for an equity consideration of \u20b910,780 crore. The two-part bonds having different maturity have been priced at effective interest rate of 2.125 per cent and 2.75 per cent, respectively. The bonds were over-subscribed by more than five times. The over-subscription of bonds in the current economic scenario is the testimony of the faith international investors have in Groupe ADP, [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-344375","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=344375"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/344375\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=344375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=344375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=344375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}