New Issue: India’s Adani Ports issues $650 million 3 3/8% notes due 2024

By Marisa Wong

Los Angeles, July 24 – Adani Ports and Special Economic Zone Ltd. issued $650 million of 3 3/8% senior notes due 2024, according to a notice.

Barclays Bank plc, Citigroup Global Markets Ltd., Deutsche Bank AG, Singapore Branch, J.P. Morgan Securities plc, Merrill Lynch (Singapore) Pte. Ltd., Mizuho Securities Asia Ltd., MUFG Securities Asia Ltd. and Standard Chartered Bank are the lead managers and bookrunners for the Rule 144A and Regulation S deal.

The issuer is based in Ahmedabad, India, and operates ports and terminals around India.

Issuer:	Adani Ports and Special Economic Zone Ltd.
Issue:	Senior notes
Amount:	$650 million
Maturity:	2024
Bookrunners:	Barclays Bank plc, Citigroup Global Markets Ltd., Deutsche Bank AG, Singapore Branch, J.P. Morgan Securities plc, Merrill Lynch (Singapore) Pte. Ltd., Mizuho Securities Asia Ltd., MUFG Securities Asia Ltd. and Standard Chartered Bank
Coupon:	3 3/8%
Settlement date:	July 24
Distribution:	Rule 144A and Regulation S

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