Adani Electricity Mumbai Raises $300 Million in Sustainability-Linked Bonds

The offering, which was oversubscribed 9.2 times, will be used to refinance existing debt and regulatory asset development

July 23, 2021

/ Arjun Joshi

/ Finance and M&A, Solar

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Adani Electricity Mumbai Limited (AEML), Adani Transmission Limited’s distribution arm, has raised $300 million in sustainability-linked bonds as part of its $2 billion global medium-term notes program.

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