DBS Loan - Business Outrank

The first international bank loan for Adani Ports became possible through a $150 million funding from Singapore's DBS Group after legal disputes were resolved. The four-year financing will help Adani meet its capital expenditure requirements and marks a key milestone in rebuilding international investor confidence. The US Department of Justice filed bribery-related charges against the group during November. The current market developments show positive changes in lender attitudes toward Adani Ports since the company operates logistics and ports alongside infrastructure and energy businesses. The loan carries a 200 basis point premium above SOFR which makes the total expense including hedging costs reach 5.5%. The company maintains its expansion plans for future development. The Adani Group issued $750 million in offshore bonds for construction company acquisitions before this announcement while BlackRock acquired one-third of the total issuance. The airport business of the group conducts loan discussions with Barclays and First Abu Dhabi Bank and Standard Chartered to obtain $750 million. The international financial sector demonstrates growing interest in Adani Ports following the company's Q4 FY25 net profit increase of 47.8% to ₹3,014.22 crore which surpassed market expectations. The company achieved operational revenue growth of 23.1% to ₹8,488.44 crore while its cargo volumes expanded 8% because of rising container traffic. The DBS loan indicates that the market has developed trust in the Adani Group despite ongoing legal issues while the company expands its global reach through Adani Ports.

What's Hot

JSW Steel Defends BPSL Revival Plan Amid Supreme Court Setback

Tariff Chaos: Trump Threatens Apple and EU with Heavy Trade Blow

ICICI Bank Shuts Down PayLater Credit on UPI—Here’s What You Need to Know

Virus Susceptibility in Species: Study Reveals Surprising Findings

Effective Yoga Poses to Naturally Manage Blood Sugar Levels

Health Budgets Of States Fall Below 8%, Missing National Health Policy Targets

The Connection Between Diet and Organic Skincare – Foods for Healthy Skin

Priyanka Chopra’s Stunning Desi Look Steals the Spotlight at Her Brother’s Wedding Festivities

Jana Nayagan: Vijay Wields a Whip in Stunning 2nd Look Poster, Thrilling Fans

Assam’s Jatin Goswami Honored with Padma Bhushan for Sattriya Legacy

Vijay Vikram Singh Urgently Appeals for Respect Amidst Intense Backlash from Rajat Dalal Fans: ‘I Am Not Bigg Boss

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Indian government approves Singapore Airlines bid to merge Vistara and Air India

Independence Day and Raksha Bandhan Fuel Airbnb Travel Rush

Virus Susceptibility in Species: Study Reveals Surprising Findings

Hindon: Incredible Air India Express Flights to Start from March 1 with Low Fares

Bachchan’s ₹83 Crore Duplex Sale Sparks Unbelievable Investment Growth

Kartik Aaryan’s Fitness Secret: How He Achieved a Stunning Transformation

Browsing: DBS Loan

Adani Ports Secures $150 Million DBS Loan Amid Rising Global Confidence

JSW Steel Defends BPSL Revival Plan Amid Supreme Court Setback

Tariff Chaos: Trump Threatens Apple and EU with Heavy Trade Blow

ICICI Bank Shuts Down PayLater Credit on UPI—Here’s What You Need to Know

RBI Slaps ₹63.6 Lakh Fine on Union Bank for Regulatory Lapses

Our Picks

JSW Steel Defends BPSL Revival Plan Amid Supreme Court Setback

Tariff Chaos: Trump Threatens Apple and EU with Heavy Trade Blow

ICICI Bank Shuts Down PayLater Credit on UPI—Here’s What You Need to Know

Most Popular

JSW Steel Defends BPSL Revival Plan Amid Supreme Court Setback

Harvesting Hope: Rahul Gandhi’s Empathy in Action with Farmers before 2024 Elections

Is Modi Afraid? Congress Leader Accuses PM of Targeting Rahul Gandhi

Subscribe to Updates

What's Hot

Browsing: DBS Loan