Adani Ports & SEZ has successfully concluded its cash tender offer program, announcing the final results of its strategic debt buyback initiative. The port operator completed the repurchase of senior notes totaling up to $495.00 million across two distinct bond tranches.

Cash Tender Offer Details

The buyback program targeted two specific series of senior notes issued by the company. The structured approach allowed Adani Ports to address different maturity profiles within its debt portfolio.

Strategic Debt Management

The completion of this cash tender offer represents a significant step in the company's debt management strategy. By repurchasing these senior notes, Adani Ports demonstrates its ability to actively manage its capital structure and reduce outstanding debt obligations.

The buyback program addressed bonds with different interest rates and maturity profiles:

• The 4.00% senior notes due 2027 represented the larger portion of the program
• The 3.10% senior notes due 2031 offered a longer-term maturity profile
• Both tranches were denominated in US dollars

Financial Impact

The successful completion of the tender offer will result in the reduction of the company's outstanding debt by up to $495.00 million. This debt reduction initiative may help improve the company's financial metrics and reduce future interest payment obligations.

The final results indicate that Adani Ports has completed the buyback process for both series of notes, fulfilling its commitment to shareholders and bondholders regarding the announced tender offer program.

Adani ports & sez has announced that CareEdge Global has assigned a Long-Term Foreign Currency Issuer Rating of 'CareEdge BBB+/Stable' to the company. The rating update was disclosed on March 11, 2026, in accordance with regulatory requirements under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Credit Rating Details

The credit rating assignment represents CareEdge Global's assessment of Adani Ports and Special Economic Zone Limited's creditworthiness for long-term foreign currency obligations. The rating comes with a stable outlook, indicating the rating agency's expectation of consistent credit quality over the rating horizon.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30(6) of the SEBI Listing Regulations by informing all relevant stock exchanges about the credit rating update. The notification was sent to multiple exchanges where the company's securities are listed or traded.

Exchange Notifications

Adani Ports and Special Economic Zone Limited communicated the rating update to several key exchanges:

• BSE Limited - Floor 25, P J Towers, Dalal Street, Mumbai
• National Stock Exchange of India Limited - Exchange Plaza, Bandra Kurla Complex, Mumbai
• India International Exchange (IFSC) Limited - Gujarat International Finance Tec-City, Gandhinagar
• NSE IFSC Limited - Brigade International Financial Center, GIFT City, Gandhinagar
• Singapore Exchange Limited - SGX Centre, Singapore

The disclosure was signed by Kamlesh Bhagia, Company Secretary of Adani Ports and Special Economic Zone Limited, ensuring proper authorization and compliance with corporate governance requirements.