Billionaire Gautam Adani’s conglomerate is considering offering another $1.2 billion of dollar bonds by June, people familiar with the matter said, fresh off a note issuance this week that was also part of plans to raise at least $2 billion in mostly new debt this year.
The group’s renewable energy unit Adani Green Energy Ltd. and associated firms plan to raise funds to refinance existing loans, one of the people said, asking not to be identified because the details are private.
