Key Points
Adani Group is marketing a $409 million bond, reportedly its first dollar note after last year's bombshell by short seller Hindenburg Research...
Adani Green Energy and associated firms are offering the 18-year bond at initial price guidance in the 7.125% area, a Bloomberg report claimed, adding that the security would further allay fears it might have to pay dearly to raise overseas capital after Hindenburg...
Adani won fresh equity backing from investors including GQG Partners LLC last year and successfully refinanced $3.5 billion worth of debt for the acquisition of cement companies, helping its securities to recover...
In February, Adani Ports and Special Economic Zone handled a total of 35.4 million metric tonnes (MMT) of cargo, marking a 33 per cent increase compared to the same period last year...
For the first eleven months of the financial year 2023-24 (April 2023 to February 2024), Adani Ports has already handled 382 MMT of cargo..
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