Reportedly, Adani Green Energy Limited (AGEL) is planning to raise $410 million through a new bond issuance to refinance a dollar note set to mature in about a year.
The refinancing plan for Adani Green’s $500 million December 10, 2024 bond, fulfills a requirement laid out in the terms of the note. The filing marks the second of its kind in recent days by Adani Group’s solar-energy unit to unveil plans to refinance maturing dollar debt, following another blueprint for repaying a $750 million bond due next September.
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