{"id":636703,"date":"2024-02-28T08:51:54","date_gmt":"2024-02-28T03:21:54","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=636703"},"modified":"2024-02-28T09:37:39","modified_gmt":"2024-02-28T04:07:39","slug":"adani-green-plans-to-raise-409-million-us-dollar-bonds-to-repay-loan","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/adani-green-plans-to-raise-409-million-us-dollar-bonds-to-repay-loan\/","title":{"rendered":"Adani Green plans to raise $409 million US dollar bonds to repay loan"},"content":{"rendered":"<p>Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani&#8217;s conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. <\/p>\n<p>In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. <\/p>\n<p>The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019. <\/p>\n<p>Three subsidiaries of Adani Green Energy Twenty-three Ltd, a unit of AGEL, are co-issuers. <\/p>\n<p>AGEL has a portfolio of 20,844 MW of operational and under execution projects to produce electricity from solar energy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Green Energy Ltd, the renewable energy arm of billionaire Gautam Adani&#8217;s conglomerate, plans to raise $409 million through US dollar-denominated bonds to repay a debt obligation falling this year. In a regulatory filing, the company said the bond will have a door-to-door tenor of 18 years. The proceeds will be used to redeem the $500 million 6.25 per cent senior secured notes due 2024, it said adding these notes were issued on June 10, 2019. Three subsidiaries of Adani Green Energy Twenty-three Ltd, a unit of AGEL, are co-issuers. AGEL has a portfolio of 20,844 MW of operational and [&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-636703","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\/636703","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=636703"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/636703\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=636703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=636703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=636703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}