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Adani Transmission signs purchase agreement with Credit Suisse AG, Singapore Branch

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Capital Market

For placing Rupee Dominated Masala Bond of Rs 500 crore

Adani Transmission announced that the Company has signed a Purchase Agreement with Credit Suisse AG, Singapore Branch (purchaser) for its Indian rupee dominated Masala Bond of Rs 500 crore with coupon of 9.10 per cent. The Notes will be listed on the Singapore Exchange Securities Trading. Moody's has assigned a provisional (p) Baa3 rating to the Notes.

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First Published: Jul 26 2016 | 8:46 AM IST

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