Adani Green Energy to raise $409 million via US dollar-denominated bonds
India’s Adani Green Energy is looking to raise $409 million via US dollar-denominated bonds with a door-to-door tenor of 18 years, the company said in a regulatory filing on Tuesday.
Reuters had earlier reported that Adani Green Energy was looking to raise around $500 million by issuing dollar bonds in March, making it the first Adani group company to return to the overseas bond market in a year.
The issue would be subject to market conditions and the weighted average life of the bonds could be around 12.7 years, the company said.
