Billionaire Adani-Backed JV To Raise Up To $1.4 Billion To Bankroll Indian Data Centers [Forbes]
ING Group, N.V. (ING)
US:NYSE Investor Relations:
ing.com/investor-relations.htm
Company Research
Source: Forbes
© 2023 Bloomberg Finance LP AdaniConneX —a joint venture between Indian billionaire Gautam Adani 's Adani Enterprises and U.S.-based EdgeConneX—is raising $1.4 billion to fund the roll out of data centers across the world's most populous country. The joint venture secured a green loan from a syndicate of eight international banks, including Japan's MUFG and Sumitomo Mitsui Banking as well as ING Bank, Intesa Sanpaolo, KfW IPEX, Natixis, Standard Chartered Bank, and Societe Generale. The lenders have committed to an initial funding of $875 million that can be extended to $1.4 billion, the partners said in a statement over the weekend. Including the $213 million credit facility it signed in June, AdaniConneX would have access to over $1.6 billion in financing, which would help bankroll the development of data centers with up to 1 gigawatt of capacity across the Indian subcontinent. “This successful exercise is a testament to the collective resolve of the parties to meet the cha
Show less
Read more
Impact Snapshot
Event Time:
ING
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ING alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ING alerts
High impacting ING Group, N.V. news events
Weekly update
A roundup of the hottest topics
ING
News
- All Eyes On Nvidia As Earnings Season Winds Down [Forbes]Forbes
- Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios [Yahoo! Finance Canada]Yahoo! Finance Canada
- Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios [Yahoo! Finance]Yahoo! Finance
- Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Banks Warn of Growing Energy-Related Risks in Mortgage Portfolios [BNN Bloomberg (Canada)]BNN Bloomberg
ING
Earnings
- 2/1/24 - Miss
ING
Sec Filings
- 5/14/24 - Form 6-K
- 5/10/24 - Form 13F-HR
- 5/7/24 - Form 6-K
- ING's page on the SEC website