Adani Enterprises' first retail bond was fully subscribed at its launch, indicating strong investor confidence in the group. This is a rare occurrence, as Adani is the first non-financial company to issue retail bonds since 2016. The bond offers coupons of between 9.25% and 9.9% based on maturities ranging from 24 months to 60 months. Adani Enterprises plans to raise up to Rs 800 crore ($95.32 million) through the bond sale.
In video- @Sooshrey
With inputs from agencies
Image Source: Multiple agencies
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