New Delhi: Billionaire Gautam Adani’s group on Tuesday said it will prepay USD 130 million of debt as it looks to boost investor confidence post being targeted by a US short-seller.
Adani Ports and Special Economic Zone, the ports company of the Adani Group, had last month floated a tender to buy back as much as USD 130 million of its July 2024 bonds and similar amounts in each of the next four as it looked to regain investor confidence by showing that its liquidity position is comfortable.
In a stock exchange filing, APSEZ said an aggregae principal amount of USD 412.7 million was validly tendered.
“Since the principal amount of notes validly tendered and not validly withdrawn on or prior to the early tender date (of May 8) exceeded the maximum acceptance amount of USD 130 million in aggregate principal amount of the outstanding notes, the company will accept such notes for purchase subject to the proration factor of 34.2649 per cent,” it said.
Shares value of Adani group companies fell after Hindenburg Research in a January 24 report accused it of accounting fraud and improper use of offshore tax havens for stock manipulation.
The group has denied all allegations.
APSEZ said the buyback programme for its 3.375 per cent 2024 maturity dollar-denominated bonds closed on May 8.
“The purpose of the tender offer is to partly prepay the company’s near-term debt maturities and to convey the comfortable liquidity position,” it had said in a statement last month.
The company had engaged Barclays Bank, DBS Bank, Emirates NBD Bank PJSC, First Abu Dhabi Bank, PJSC, MUFG Securities Asia Singapore Branch, SMBC Nikko Securities (Hong Kong) and Standard Chartered Bank to serve as dealer managers for the offer.
In addition to the principal amount, the company will pay accrued interest, in respect of any notes purchased in the tender offer from, and including, the last interest payment date.
PTI
buy propranolol pill inderal medication buy generic clopidogrel over the counter
nortriptyline medication methotrexate 10mg pill panadol 500 mg drug
order famotidine 40mg pills buy generic cozaar prograf 1mg tablet
azelastine over the counter buy avalide pills buy irbesartan no prescription
domperidone us motilium 10mg for sale sumycin 250mg generic
buy cheap generic flomax cost simvastatin buy simvastatin pills
spironolactone 100mg cheap order valtrex 500mg pills generic finasteride 5mg
write papers online good academic writing my favorite writer essay
buy fluconazole 200mg pills diflucan 100mg uk order cipro pills
sildenafil generic buy aurogra 100mg without prescription buy estrace paypal
buy flagyl 200mg generic brand flagyl keflex cost
lamictal without prescription order mebendazole 100mg online cheap mebendazole 100mg pill
buy generic cleocin online where to buy over the counter ed pills buy erectile dysfunction meds
retin cream usa brand tretinoin buy stendra without a prescription
order nolvadex 10mg pills tamoxifen 10mg cheap buy generic symbicort
tadacip pills oral voltaren 100mg buy indomethacin 75mg for sale
buy generic cefuroxime 500mg methocarbamol 500mg for sale methocarbamol canada
order trazodone 100mg pills trazodone over the counter buy cheap generic clindac a
buy terbinafine 250mg sale terbinafine ca best slots to play online
aspirin 75 mg pills best online casino real casino online
write my essay help order suprax without prescription order suprax online cheap
pay for assignments casino real money free roulette games
order amoxicillin generic buy anastrozole generic buy generic biaxin 250mg
rocaltrol 0.25 mg cost fenofibrate over the counter fenofibrate pills
purchase catapres online cheap order clonidine 0.1 mg sale purchase tiotropium bromide generic
most effective acne pills ranked prescription acne treatment products cheap oxcarbazepine 600mg
Ben 10: Tomb of Doom invites you to take part in a thrilling, action-packed adventure as you help Ben 10 and his monstrous friends climb inside a dangerous tower hidden inside an ancient Egyptian tomb.Avoid drowning in the dangerous rising waters of Undertow and fearlessly crush the killer beetles that will hunt you down for revenge for wandering where you shouldn’t. Survive to the end, earn coins, invest your earnings in new upgrades and fight with all your might!Who created Ben 10: Tomb of Doom?This game was produced by Cartoon Network and developed by Killabunnies. One of the great aspects of gaming gone by was it could bring the whole family together in the loungeroom to have some fun. No matter how bad mum and dad were, it was still entertaining. Nintendo Switch games have once again made that a feature, with a heap of titles the whole family will love, including:
https://minecraftathome.com/minecrafthome/show_user.php?userid=18021731
It’s a funny, imaginative, and enjoyable strategy game that’s difficult to put down. I enjoyed it more than the first game in the series, but don’t worry — you don’t need to play the original game before picking this one up! One of the great aspects of gaming gone by was it could bring the whole family together in the loungeroom to have some fun. No matter how bad mum and dad were, it was still entertaining. Nintendo Switch games have once again made that a feature, with a heap of titles the whole family will love, including: ‘Crisis Core: Final Fantasy VII Reunion’ is an intriguing RPG, but there are several titles that offer a similar experience. This content may be purchased by users who have registered a Nintendo Account and accepted the respective legal terms. To be able to purchase content for Wii U or Nintendo 3DS family systems, a Nintendo Network ID is also required and your funds usable through the Nintendo Account must be merged with the funds tied to your Nintendo Network ID. If the funds have not yet been merged, you will have the option to do so during the purchase process. To start the purchasing process, it is necessary to sign in with the Nintendo Account and the Nintendo Network ID. After signing in it will be possible to review the details and complete the purchase.
minocycline 100mg ca ropinirole 2mg pill ropinirole drug
uroxatral 10mg cheap uroxatral pills otc meds for abdominal pain
letrozole cost buy generic abilify online abilify price
doxylamine uk over the counter alopecia areata getting worse weight loss pills that work