 "Two units of Adani Road Transport accept bids for Rs 1,125 cr bond issue")
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Two special purpose vehicles of India's Adani Road Transport accepted bids worth an aggregate of Rs 1,125 crore ($133.8 million), three bankers said on Wednesday.
Mancherial Repallewada Road and Suryapet Khammam Road accepted bids worth Rs 237 crore and Rs 282 crore, respectively, through six-year and five-month and six-year and eight-month bonds at a semi-annual coupon of 8.28% each.
Mancherial Repallewada Road and Suryapet Khammam Road also accepted bids of Rs 331 crore and Rs 275 crore through 10-year and 11-month bonds and 10-year and eight-month bonds at a semi-annual coupon of 8.08% each.
The companies had invited commitment bids for the issues earlier in the day.
The units did not immediately reply to a Reuters email seeking comment.
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