![Bribery charges to hit fundraising plans of Adani Group Bribery charges to hit fundraising plans of Adani Group](https://cdn.magzter.com/1574835453/1732227865/articles/H2v7m3koUl1fspbi9LMsys/BRIBERY-CHARGES-TO-HIT-FUNDRAISING-PLANS-OF-ADANI-GROUP.jpg)
Immediately after the charges of bribery became public, the renewable energy arm of the Adani Group -- Adani Green Energy -- on Thursday scrapped a $600 million bond issue.
Experts told TNIE that raising of funds through debt instruments could get negatively impacted as it depends on the company's credit rating, which could get impacted by the bribery charges.
Rating agency Moody's has already said the bribery charges could be credit negative.
Esta historia es de la edición November 22, 2024 de The Morning Standard.
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Esta historia es de la edición November 22, 2024 de The Morning Standard.
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