Key Points
Billionaire Gautam Adanis conglomerate is considering offering another $1.2 billion of dollar bonds by June, people familiar with the matter said, fresh off a note issuance this week that was also part of plans to raise at least $2 billion in mostly new debt this year...
The groups renewable energy unit Adani Green Energy Ltd. and associated firms plan to raise funds to refinance existing loans, one of the people said, asking not to be identified because the details are private...
Adani Green Energy and associated firms, together known as Adani Green Energy Restricted Group 1, pulled in around $2.9 billion of orders for a $409 million 18-year senior secured bond about seven times the deal size...
The investor response further allayed fears it might have to pay dearly to raise overseas capital after Hinderburgs accusations of fraud and stock manipulation which the group has repeatedly denied triggered a rout in the stock and bond prices of group firms...
Adani Green has said it plans to raise at least $2 billion in mostly new debt in 2024, including $409 million and other private placement options..
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