Most Adani dollar bonds exit distressed levels on debt promises

Among the gainers were Adani Electricity Mumbai Ltd.’s dollar 2031 notes, rose 0.7 cent to 72 cents as of 1:07 p.m. in Hong Kong, according to data compiled by Bloomberg. Just three of 15 Adani Group US currency notes are below the 70 cents on the dollar level that’s generally considered as being distressed. Most Adani-linked shares climbed as well on Friday

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.