Adani Enterprises’ debut retail bond sale sees strong demand

Adani Enterprises Ltd.'s debut bond issuance for individuals received strong interest on the first day, raising nearly 7.2 billion rupees out of a planned 8 billion rupees. The retail segment was fully subscribed, showing regained investor confidence after last year's short seller attack. Bonds offer yields ranging from 9.25% to 9.90%.

Sep 4, 2024 - 21:00

Adani Enterprises’ debut retail bond sale sees strong demand

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Adani Enterprises Ltd.'s debut bond issuance for individuals received strong interest on the first day, raising nearly 7.2 billion rupees out of a planned 8 billion rupees. The retail segment was fully subscribed, showing regained investor confidence after last year's short seller attack. Bonds offer yields ranging from 9.25% to 9.90%.