CRISIL Ratings: No negative actions so far by lenders on Adani following U.S. indictment

CRISIL Ratings: No negative actions so far by lenders on Adani following U.S. indictment

Gautam Adani, founder and chairman of the Adani Group. File photo | Photo Credit: Reuters Backing embattled Adani Group, rating agency CRISIL Ratings on Friday (November 29, 2024) said the conglomerate has sufficient liquidity and operational cash flows to meet debt obligations and committed capex and that there has been no negative actions so far … Read more

Adani Green Energy fully redeems $750 million Holdco Notes

Adani Green Energy fully redeems 0 million Holdco Notes

Ahmedabad: Adani Green Energy Ltd (AGEL) on Monday said it has completed the redemption of all outstanding 750 million dollars Holdco Notes (4.375 per cent) through a fully-funded redemption reserve account. The Adani Group company, in January, announced to fully backstop the Holdco Notes through a redemption reserve account, maintained eight months before the redemption … Read more