Adani Group has initiated marketing a $409 million bond, marking its first dollar note sale since a report by short seller Hindenburg. Adani Green Energy has provided initial guidance for 18-year dollar bonds, with the new dollar bond from Adani Group trading above par, indicating strong demand and a positive response to its first overseas issuance post the Hindenburg report. Indian renewable energy companies, including Adani, are seeing increased interest in green bonds, with these bonds constituting about 40% of Indian high yield indices.
Reorg has reviewed 19 USD notes issued by various Indian renewable energy companies and has produced a comparison table detailing key aspects from the USD notes’ credit structures. https://t.co/NWEyfJQExH #performingcredit https://t.co/UASAuZqsIF
Due to the confluence of high capital expenditures and rising popularity in ESG-focused mandates, green bonds issued by Indian renewable energy companies have risen to about 40% of Indian high yield indices. https://t.co/bQEX1BmOuQ #performingcredit https://t.co/I3CgDFXdPI
India's Adani dollar bonds see robust demand; signals comeback to global market https://t.co/hYtNbjrlmP https://t.co/uxh70hHZEg
Adani Group’s new dollar bond rose above par in initial trading, underscoring the popularity of its first overseas issuance since Hindenburg's short-seller report https://t.co/9d7E5DQsvt
Adani Group began marketing a $409 million bond in what would be its first dollar note sale after a report last year by short seller Hindenburg. @talktosanjai reports https://t.co/QH2gpgeZnc https://t.co/1E128L1EtW
India's Adani Green Energy gives initial guidance for 18-yr dollar bonds, bankers say https://t.co/yEmemu9OId https://t.co/nbiZzzF4Gl
Adani Group began marketing a $409 million bond in what would be its first dollar note sale after a report last year by short seller Hindenburg https://t.co/iLf8RUr1tt