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Adani Ports concludes $495m debt buyback programme
The programme includes a 4% senior note due 2027 and a 3.10% note due 2031.
Adani Ports and Special Economic Zone Limited has concluded its $495m cash tender offer programme as part of its debt buyback initiative.
The programme includes a 4% senior note due 2027 and a 3.10% note due 2031, both denominated in United States dollars.
The company said this initiative may help improve its financial metrics and reduce future interest payment obligations.
