{"id":518116,"date":"2022-08-31T10:14:33","date_gmt":"2022-08-31T04:44:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=518116"},"modified":"2022-08-31T11:05:44","modified_gmt":"2022-08-31T05:35:44","slug":"adani-greens-key-debt-ratio-is-set-to-improve-says-nomura-holdings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-greens-key-debt-ratio-is-set-to-improve-says-nomura-holdings\/","title":{"rendered":"Adani Green&#8217;s key debt ratio is set to improve, says Nomura Holdings"},"content":{"rendered":"<p>A key credit metric of Adani Green Energy Ltd. that ballooned as the firm\u2019s billionaire-owner took on more debt will show a pull back in leverage, according to Nomura Holdings Inc. <\/p>\n<p>The Abu Dhabi-based International Holding Co. has injected $500 million into Gautam Adani\u2019s green company, which will help stabilize its debt-to-capital ratio in the low 60% range from 95.3% at the end of March, said Eric Liu, credit desk analyst at Nomura Holdings in Hong Kong. <\/p>\n<p>IHC\u2019s support \u201cwill be reflective when the company unveils its second quarter balance sheet details,\u201d Liu said, noting that the infusion of funds shows Adani Green\u2019s equity-raising capability. IHC has invested almost $2 billion in total in three companies owned by Adani. Second quarter financial results are expected around November.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A key credit metric of Adani Green Energy Ltd. that ballooned as the firm\u2019s billionaire-owner took on more debt will show a pull back in leverage, according to Nomura Holdings Inc. The Abu Dhabi-based International Holding Co. has injected $500 million into Gautam Adani\u2019s green company, which will help stabilize its debt-to-capital ratio in the low 60% range from 95.3% at the end of March, said Eric Liu, credit desk analyst at Nomura Holdings in Hong Kong. IHC\u2019s support \u201cwill be reflective when the company unveils its second quarter balance sheet details,\u201d Liu said, noting that the infusion of funds [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-518116","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=518116"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/518116\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=518116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=518116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=518116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}