Adani Enterprises plans to issue bonds worth ₹10 billion (about $112.6 million).
The debt will have maturities of 2 years and 6 months, with a semiannual coupon of 8.70
%.
This is the group’s first private debt move since 2023.
The primary buyers will be large mutual funds and instit
utional investors.
The bonds are rated AA- by ICRA, reflecting moderate credit quality.
Adani had earlier raised ₹10 billion via retail bonds at 8.95–9.30% in mid-2025.
The private placement may help the group refinance or fund growth.
Markets will observe how this affects the group’s debt servicing me
trics.
The issuance comes under scrutiny amid past regulatory and manipulation a
llegations.
Investors may compare the yield relative to corporate bond benchmarks for appetite.