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Adani sells $600 million dollar bond after October postponement

IndiaTimes Thursday, 21 November 2024
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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News video: BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans.

BREAKING: US authorities accuse the Adanis of a $265 million bribery scheme to secure loans. 03:06

 The US has issued arrest warrants for Gautam and Sagar Adani over a $265 million bribery and fraud scheme. The Adani Group is accused of concealing corruption to raise billions in loans while securing energy contracts. The case also involves international defendants, including Australian businessman...

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