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.