Adani Ports Receives Strong Response To Dollar Bond Tender Offers

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Adani Ports received $178.27 million in tenders for 4.2% Notes due 2027, exceeding $125 million cap
4.2% Notes will be accepted on a prorated basis with a proration factor of 65.4577%
Tenders for 4.0% Notes due 2027 totalled $154.16 million, below the $200 million acceptance limit

Adani Ports and Special Economic Zone Ltd. said it received strong demand for its cash tender offers on three sets of outstanding US dollar bonds, with the 4.2% Notes due 2027 oversubscribed.

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