We use cookies to improve your experience. By using BondbloX, you agree to our use of cookies.
Bond Market News
Adani Ports’ $1.4bn Deal with MSC Faces Local Pushback
July 6, 2026
– Vandit P
Adani Ports’ $1.4bn deal with Mediterranean Shipping Co.(MSC) for its Vizhinjam Port is facing objections from the Kerala state. The objection comes as MSC faces investigations after one of its vessels spilled hazardous cargo and fuel off the Kerala coast in May 2025. The deal would give MSC a 49% stake in the Vizhinjam Port, which Adani Ports operates. Under the terms disclosed on June 30, MSC’s terminal arm, Terminal Investment Ltd., would invest $539mn upfront in Adani Vizhinjam Port, with a further $858mn to follow once the port’s expansion is completed by December 2028. Kerala Chief Minister V. D. Satheesan said the agreement was announced without prior consultation with the state. He added that any change to the project’s ownership structure requires government approval and will face close review.
Adani Ports’ 3.1% 2031s were stable at 90.2, yielding 5.55%
For more details, click here
Go back to Latest bond Market News
Related Posts:
Our Awards
BondbloX Pte. Ltd. is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO") and exempted from Section 49(1) of the Securities and Futures Act (Cap. 289) ("SFA") under Section 49(7) of the SFA.