Adani Green to disclose refinancing plan after fiscal year ends: Report
Adani Green Energy has a refinancing plan which the Indian company will disclose after the fiscal year ends, an executive of the embattled Adani group told bondholders on a call on Thursday, two sources with direct knowledge of the matter said.
Adani Group had hired banks to arrange calls with bond investors after it was caught up in a short-selling storm in recent weeks.
One of its subsidiaries, Adani Green Energy Limited Restricted Group, will refinance existing bonds through a 15-year amortizing private placement, the executive said, according to the sources.
