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Adani sells $600 million dollar bond after October postponement

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Gautam Adani’s Adani Green Energy Ltd. successfully sold $600 million in 20-year green dollar bonds with a 7.45% yield. This comes after a previous attempt in October was postponed due to investor pushback on the higher proposed yield. The company plans to use the funds to repay foreign-currency loans.

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Industry Top Stories

Adani Green halts proposed U.S. dollar bonds on U.S. criminal action on board members

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Adani stocks crash on U.S. action on alleged bribery and fraud