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Adani Electricity Mumbai raises $300-M via sustainability-linked bonds

Mint  

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.