Adani Enterprises to Raise ₹1,000 Crore via Secured NCD Issue

Adani Enterprises has announced plans to raise up to ₹1,000 crore through a public issue of secured Non-Convertible Debentures (NCDs) opening on January 6. The issue carries an AA- (Stable) credit rating and offers attractive returns ranging between 8.48% to 8.90% across tenors of 24 to 60 months. The base issue size stands at ₹500 crore with an additional ₹500 crore green shoe option. Proceeds will be utilized for refinancing existing debt and meeting general corporate requirements. #AdaniGroup #NCDIssue #FixedIncome #DebtMarket #BondInvesting #StockYard #MarketNews #WealthCreation