Billionaire Gautam Adani-controlled Adani Ports and Special Economic Zone (SEZ) Ltd launched an offshore bond offering, raising as much as $750 million. This is the third and the largest offshore bond deal launched by an Indian company since the pandemic disrupted global markets in March. State-owned REC Ltd and agrochemicals major UPL Ltd raised $500 million each in May and June, respectively. The Adani Ports bond sale comes after SoftBank-backed Indian renewable company SB Energy pulled back its $600 million bond offering in July