Last Updated : Tuesday, February 4, 2020 17:03:18

Adani Transmission circles up first ever US private placement for USD $310 mln

AHMEDABAD | MUMBAI | RAJKOT – In a regulatory update as submitted to the Indian Stock Exchanges, Ahmedabad headquartered Indian Diversified Conglomerate – Adani Group’s transmission arm Adani Transmission Ltd said of having private placement transaction in form of USD notes amounting to $310 million, which in itself is Adani Transmission’s inaugural US Private Placement and with this transaction now ATL has 10 years, 17 years and 30 years paper in the market, of which the Bank of America and Barclays have arranged the entire deal.

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