{"id":590924,"date":"2023-07-14T10:42:40","date_gmt":"2023-07-14T05:12:40","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=590924"},"modified":"2023-07-14T11:52:47","modified_gmt":"2023-07-14T06:22:47","slug":"adani-sells-bonds-1st-since-hindenburg","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-sells-bonds-1st-since-hindenburg\/","title":{"rendered":"Adani sells bonds, 1st since Hindenburg"},"content":{"rendered":"<p>NEW DELHI: Billionaire Gautam Adani&#8217;s flagship firm has raised Rs 1,250 crore through a local-currency bond sale, the first since the Hindenburg report sparked a rout in the group&#8217;s stocks. <\/p>\n<p>In a filing, Adani Enterprises said it has raised Rs 1,250 crore &#8220;by allotment of 1,25,000 secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1 lakh each on private placement basis&#8221;. <\/p>\n<p>The firm did not disclose the interest rate. Data from NSDL showed the three-year bond carried an annual coupon of 10%. This is the first Adani Group company to tap the local corporate bond market since the Hindenburg row in January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Billionaire Gautam Adani&#8217;s flagship firm has raised Rs 1,250 crore through a local-currency bond sale, the first since the Hindenburg report sparked a rout in the group&#8217;s stocks. In a filing, Adani Enterprises said it has raised Rs 1,250 crore &#8220;by allotment of 1,25,000 secured, unrated, unlisted, redeemable, non-convertible debentures (NCDs) of the face value of Rs 1 lakh each on private placement basis&#8221;. The firm did not disclose the interest rate. Data from NSDL showed the three-year bond carried an annual coupon of 10%. This is the first Adani Group company to tap the local corporate bond [&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":[130,246,137],"tags":[],"class_list":["post-590924","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/590924","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=590924"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/590924\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=590924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=590924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=590924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}