Adani Ports to prepay Rs 1,000 crore on CPs due in March: Report

Adani Ports and Special Economic Zone, a group company of the beleaguered Adani Group, plans to prepay Rs 1,000 crore ($120.8 million) in commercial papers maturing in March, a company spokesperson said. "This part prepayment is from the existing cash balance and funds generated from the business operations," the spokesperson said in an emailed response late on Monday. https://ift.tt/WJ4Ehgu