Adani Electricity Mumbai issues USD2billion sustainability-linked bonds

Adani Electricity Mumbai Limited (AEML) has set up a USD2-billion global medium-term notes bonds programme (GMTN).

AEML also settled the maiden takedown of USD300 million under the programme. The order-book for the takedown was oversubscribed by 9.2 times by global investors. The global geographical split of the investors was Asia – 49 per cent, Europe, West Asia, Africa – 27 per cent and North America – 24 per cent.

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