Adani Ports and Special Economic Zone Ltd (APSEZ) has raised $750 million through issue bonds, including a 20-year unsecured bond issue, from global markets.

The company claims to become the first infrastructure company in India to raise 20 years of money from international markets successfully. The coupon rates for 10.5 years and 20-year dual tranches bonds were fixed at 3.8 % and 5 %, respectively.

An official statement said this issuance establishes the Adani Group as India’s leading issuer with the ability to access international capital markets across all market cycles. The statement also noted that having issued the long tenor bond in developed markets, APSEZ has elongated the debt maturity to over seven years from six years.