Adani Ports and Special Economic Zone Ltd (APSEZ) on Tuesday said it has raised $750 million (around Rs 5,582 crore) through the issues of bonds, including a 20-year unsecured bond issue, from the global markets.

According to the company, it has thus become the first and the only infrastructure firm in India to successfully raise 20 years money from international markets.

While APSEZ mobilised $300 million due in 2032 and $450 million due in 2041, the fund raising is expected to bring down its cost of capital.

APSEZ disclosed that the coupon rates for the 10.5-year and 20-year dual-tranches bonds were fixed at 3.8 per cent and 5 per cent, respectively.

“The issuances were closed on July 26, 2021 and was subscribed by over three times. APSEZ has continued to receive exceedingly strong participation (for its successive bond offerings) from its high-quality real money investors across all geographies,’’ it said.