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Adani Electricity Mumbai Limited establishes USD 2 Billion Global Medium Term Note programme on India INX

Jul 14th, 2021 7:54 pm | By | Category: LATEST NEWS


(THE NEWSMAN OF INDIA.COM)
July 14, 2021, Mumbai, India: India INX today welcomed Adani Electricity Mumbai Limited’s USD 2 Billion Global Medium Term Note programme on its Global Securities Market (GSM) platform. This takes the total MTN establishment on the GSM platform to USD 52.57 Billion.

Talking about it, India INX MD and CEO V. Balasubramaniam mentioned, “We are excited to welcome AEML’s Global MTN programme on our Global Securities Market platform, making it one of fastest growing segment within our exchange. Our competitive listing guidelines and seamless processes have made it possible for more and more issuers to list on our platform. We thank Adani Electricity for reposing its trust on India INX IFSC and it is a step further in achieving the Government of India’s vision of making GIFT IFSC the hub for availing all services that were only available off shore so far.”

Since, India INX inaugurated Global Securities Market for listing bonds in January 2018, it has emerged as the largest listing platform for bonds at GIFT IFSC. Till date, Global Securities Market has established USD 50.6 billion in MTN programmes and more than USD 27.4+ billion of bonds issued with 69 issuances.. Issuer mix is a healthy one with Banks (SBI, EXIM Bank), supranational (Asian Development Bank), State owned finance corporations (NTPC, PFC, REC) and several others (Adani Green, Adani Port).

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