{"id":594123,"date":"2023-07-28T10:29:16","date_gmt":"2023-07-28T04:59:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=594123"},"modified":"2023-07-28T11:38:51","modified_gmt":"2023-07-28T06:08:51","slug":"adani-looks-to-borrow-750mn-from-3-foreign-bks","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-looks-to-borrow-750mn-from-3-foreign-bks\/","title":{"rendered":"Adani looks to borrow $750mn from 3 foreign bks"},"content":{"rendered":"<p>Mumbai: Billionaire Gautam Adani is in talks with three foreign lenders to raise as much as $750 million to refinance debt taken for the purchase of Ambuja Cements and ACC. Separately, he has closed a trade finance facility of $394 million (Rs 3,231 crore) with two international lenders, Barclays and Deutsche Bank, for a solar module manufacturing complex.<\/p>\n<p>This proposed complex is housed under Adani New Industries, a 100% arm of his flagship Adani Enterprises. Bloomberg reported that the Adani Group chairman is in discussions with Barclays, Deutsche Bank and Standard Chartered for a $600-750 million loan facility to partly refinance the $3.8-billion loan taken for the Ambuja acquisition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Billionaire Gautam Adani is in talks with three foreign lenders to raise as much as $750 million to refinance debt taken for the purchase of Ambuja Cements and ACC. Separately, he has closed a trade finance facility of $394 million (Rs 3,231 crore) with two international lenders, Barclays and Deutsche Bank, for a solar module manufacturing complex. This proposed complex is housed under Adani New Industries, a 100% arm of his flagship Adani Enterprises. Bloomberg reported that the Adani Group chairman is in discussions with Barclays, Deutsche Bank and Standard Chartered for a $600-750 million loan facility to partly [&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":[130,246,137],"tags":[],"class_list":["post-594123","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594123","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=594123"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/594123\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=594123"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=594123"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=594123"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}