Adani Green redeems $750 mn bonds eight months ahead of redemption date

Q: How long will it take to read this news story?

The story "Adani Green redeems $750 mn bonds eight months ahead of redemption date" has 597 words across 19 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Adani Green redeems $750 mn bonds eight months ahead of redemption date" was covered 10 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 287 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #22418191</li><li>URL: https://beamstart.com/news/adani-green-redeems-750-mn-17258569644241</li></ul>

Business Standard Logo Business Standard 10h ago

Adani Green redeems $750 mn bonds eight months ahead of redemption date - Business Standard

Quick Summary:

Adani Green Energy Ltd (AGEL), the renewable energy arm of the ports-to power conglomerate run by billionaire Gautam Adani, on Monday said it has redeemed USD 750 million worth of bonds as it deleverages business.

The move is in step with its January announcement of a plan to redeem the USD 750 million worth of notes, eight months ahead of the redemption date.

In a statement, the firm said it has completed "redemption of all outstanding USD 750 million 4.375 per cent Holdco Notes due on September 8, 2024".