ADANI GROUP IS in talks with banks to refinance debt taken on to fund its purchase of Ambuja Cements, with lenders divided into three categories in what could be one of Asia's largest syndicated loan deals of the year.
Banks are likely to refinance a total of $3.5 billion, according to people familiar with the matter, who asked not to be named because the matter is private.
Adani would repay at least $300 million on the original Ambuja facility, they said.
The group has been in talks with lenders for several months as it seeks to refinance as much as $3.8 billion worth of debt taken for its Ambuja acquisition.
Denne historien er fra September 14, 2023-utgaven av Financial Express Mumbai.
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Denne historien er fra September 14, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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