{"id":560690,"date":"2023-03-06T09:49:53","date_gmt":"2023-03-06T04:19:53","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=560690"},"modified":"2023-03-06T10:58:32","modified_gmt":"2023-03-06T05:28:32","slug":"adani-has-2-bn-bonds-due-for-repayment-in-2024","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-has-2-bn-bonds-due-for-repayment-in-2024\/","title":{"rendered":"Adani has $2 bn bonds due for repayment in 2024"},"content":{"rendered":"<p>The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost $2 billion worth of foreign-currency bonds coming up for repayment in 2024, according to a presentation the conglomerate made to investors.<\/p>\n<p>The apples-to-airport conglomerate borrowed over $10 billion in foreign currency bonds between July 2015 and 2022 across group companies. Of this, $1.15 billion of bonds matured in 2020 and 2022.<\/p>\n<p>There are no maturities in 2023 but three issuances &#8211; $650 million by the ports arm APSEZ and two of renewable energy unit Adani Green Energy Ltd ($750 million and and $500 million &#8211; are due for payment in 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Adani group, whose mostly debt-fueled breakneck expansion saw gross debt doubling in four years, has almost $2 billion worth of foreign-currency bonds coming up for repayment in 2024, according to a presentation the conglomerate made to investors. The apples-to-airport conglomerate borrowed over $10 billion in foreign currency bonds between July 2015 and 2022 across group companies. Of this, $1.15 billion of bonds matured in 2020 and 2022. There are no maturities in 2023 but three issuances &#8211; $650 million by the ports arm APSEZ and two of renewable energy unit Adani Green Energy Ltd ($750 million and and $500 [&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":[146,130,234],"tags":[],"class_list":["post-560690","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-power-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560690","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=560690"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/560690\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=560690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=560690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=560690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}