Debt Debt Financing
Adani Electricity Mumbai raises $300-M via sustainability-linked bonds
Source Mint (opens in a new tab)
Adani Transmission Ltd's distribution arm Adani Electricity Mumbai Ltd (AEML) has raised USD 300 million in sustainability-linked bonds (SLBs) as part of its USD 2 billion Global Medium-Term Notes programme (GMTN). The order book for the USD 300 million takedown was oversubscribed by 9.2x by global investors.
Of the total investors, 49% were from Asia, 27% from Europe, the Middle East, and Africa, and 24% from North America.