After The Hindenburg Assault, the Adani Group Is On The Road To Recovery | Business Outreach

After The Hindenburg Assault, the Adani Group Is On The Road To Recovery

Tuesday realized the announcement that Adani Ports and Special Economic Zone (APSEZ) will pay off $130 million of its loan early.

The business announced a tender for 3.375 percent dollar-denominated notes with a maximum amount of $130 million and a maturity date of 2024.

Following this tender offer, the business aims to make a cash offer to buy around US$130,000,000 of the outstanding notes over the course of the following four quarters.

The market value of the Adani Group’s seven listed equities has decreased by nearly $114 billion since the report was released on January 24.

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