Adani Green Energy’s $409 million bond offer was oversubscribed seven times by overseas investors. Several marquee investors like Jupiter, Schroders, Pimco, Metlife, AllianceBernstein participated in the offering.
This transaction represents the first bond deal for Adani Group since September 2021 and follows the successful equity raise of over $1.4 billion, which was completed in December last year.
The final order book, with a tenure of 18 years, stood at $2.8 billion, said a banker involved in the transaction.
