Adani group to raise as much as $4.5 billion via a mix of offshore loans - Economic Times


6/12/2022 12:00:00 AM2 years 10 months ago
by Saikat Das

The proposed loan structures include mezzanine financing, stock-backed bridge loans to be repaid in cash, and a senior debt facility for 18 months. The last of these structured instruments could be refinanced later with either a long-term bond or loan. The Ad…

The Adani Group, which recently acquired Holcims local businesses in Indias biggest cement takeover, is in talks with more than a dozen foreign banks to raise up to $4.5 billion through a mix of ov… [+2954 chars]

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