Adani Green Energy to raise $410 million to refinance 2024 dollar bond
Adani Green Energy Ltd. plans to raise about $410 million via new bond issuance to refinance a dollar note maturing in a roughly year’s time, according to a filing to Singapore’s stock exchange.
The refinancing plan for Adani Green’s $500 million Dec. 10, 2024 bond, dated Dec. 8, 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.
