Adani Green sketches out plan for repaying $750 million bond

Adani Green Energy Ltd., part of billionaire Gautam Adani’s empire, will redeem the notes in full by its Sept. 8 due date, it said in a filing to Singapore’s stock exchange. The bond’s underwriters will provide a funding letter for $675 million and the company will use equity transaction proceeds to build up the repayment sum, it added.

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.