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Adani Ports gets about $150 mn loan from DBS for capex
Hindustan Times Ranchi
|May 23, 2025
Adani Ports & Special Economic Zone Ltd. raised about $150 million through a bilateral loan agreement with DBS Group Holdings Ltd., according to people familiar with the matter, as the Indian conglomerate continues to restore lender confidence.
benchmark Secured Overnight Financing Rate, they said. The all-in-price, including the hedging cost, is about 5.5%, one of the person said. DBS declined to comment. An Adani Group representative did not offer any immediate comments on the transaction.
This story is from the May 23, 2025 edition of Hindustan Times Ranchi.
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