Adani group to hold fixed-income investor roadshow in Asia next week

The Adani Group will hold a fixed-income investor roadshow in Asia next week, a person familiar with the matter said.

The Indian conglomerate will hold the roadshow on Feb. 27 in Singapore, and Feb. 28 to March 1 in Hong Kong, according to a person, who asked not to be identified discussing a private matter. The group is boosting outreach to investors after its bonds and stock slumped following a critical report from short-seller Hindenburg Research published last month.

The Adani Group, which also held calls with investors earlier in February, is seeking to stem the negative impact from the Hindenburg claims as it faces debt maturities from group companies over the next two years.