Adani Group discusses $600M offshore loan with banks for Dhamra LNG Terminal refinancing.
Adani Group, led by billionaire Gautam Adani, is in talks with banks including Credit Agricole, DBS Bank, BNP Paribas, Mitsubishi UFJ Financial Group, and Mizuho Bank for a $600 million offshore loan to refinance existing debt for Dhamra LNG Terminal Pvt. The loan's tenor could range from three to five years, linked to the Secured Overnight Financing Rate. Adani Group has regained investor confidence since being targeted by US short seller Hindenburg Research last year.
May 06, 2024
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