Adani Ports and Special Economic Zone Ltd.'s board will consider a buyback of certain dollar-denominated bonds in this financial year, subject to market conditions.
Dollar bonds constitute 23% of the total long-term borrowing of the company in FY25.
The board will meet to mull the proposal, as per a stock exchange filing late on Wednesday.
Global rating agency Moody's rates Adani Ports bonds as 'Baa3 / Negative', while S&P Global and Fitch Rating placed 'BBB-/Negative'.