India’s Adani Ports to offer new notes to fund tender offer

Chicago, Jan. 26 – Adani Ports and Special Economic Zone Ltd. announced that it will offer new notes in an offering size of at least $500 million to fund a tender offer, according to a notice.

The issuer is seeking to tender and/or redeem all of its 3.95% senior notes due 2022 with the new notes.

Adani is based in Mundra, India.

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