Adani Group re-enters dollar bond market after short-seller attack, marketing a 20-year green note.
Gautam Adani's Adani Group is re-entering the dollar bond market for the second time this year, showing improved funding access after a short-seller attack. Adani Green Energy Ltd. is marketing a 20-year green note to repay foreign loans. Following a damaging Hindenburg Research report in 2023, the group is focusing on growth, reducing debt, and enhancing investor confidence. Indian dollar bond sales have surged, reaching around $10 billion in 2024.
October 15, 2024
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