Adani Green Energy offers dollar bond again after earlier deal postponed

Quick Summary:

Units of the group's clean-energy business, Adani Green Energy Ltd.are marketing a 20-year $600 million note at a yield of around 7.

The conglomerate plans to use the proceeds to repay foreign-currency loans, according to the person.

Borrowers including Alibaba Group Holding Ltd.and State Bank of India have sold more than $7.5 billion of debt the first two days of this week, one of the busiest periods over the last month.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Dollar bond sale Adani Green Energy Companies Dollar bond issuance Adani Group Adani Green

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 10:37:55 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 402 words

Reading Time: 3 minutes read

Sentences: 16 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23713864

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 256 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions