Adani sells $600 million dollar bond after October postponement

Quick Summary:

Gautam Adani's Adani Green Energy Ltd.successfully sold $600 million in 20-year green dollar bonds with a 7.45% yield.

This comes after a previous attempt in October was postponed due to investor pushback on the higher proposed yield.

The company plans to use the funds to repay foreign-currency loans.

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Author / Journalist: Bloomberg

Category: EconomyBusiness

Markets: IndiaAustraliaQatar

Topics: Hindenburg Research report Hindenburg Research Adani Group Business news Donald Trump Gautam Adani

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 10:21:58 (2 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 574 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © Times of India

News ID: 23727542

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