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Adani Group Plans To Repay Up To $790 Million Loans By March: Report

Adani Group Plans To Repay Up To $790 Million Loans By March: Report

NDTV
Tuesday, February 28, 2023 07:08:57 AM UTC

Adani Green Energy also plans to refinance its 2024 bonds via a $800 million, three-year credit line, said the sources.

The Adani Group plans to prepay or repay share-backed loans worth between $690 million and $790 million by the end of March this year, two people with knowledge of the matter said.

Adani Green Energy also plans to refinance its 2024 bonds via a $800 million, three-year credit line, said the sources, who declined to be named as they were not authorised to speak to the media.

Those plans were presented by the Adani management to the group's bondholders in Hong Kong on Tuesday.

An Adani spokesperson did not immediately respond to Reuters request for comment.

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