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Adani Green scraps $600 mn bond plans
The Daily Guardian
|November 22, 2024
Adani Green Energy Ltd. has cancelled plans on Thursday to raise $600 million in US dollar-denominated bonds.
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The bond had been priced but was pulled after US prosecutors charged Gautam Adani in an alleged $250 million bribery scheme.
"In light of these developments, our subsidiaries have presently decided not to proceed with the proposed USD denominated bond offerings," the company said in a filing.
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