Adani Green in Talks to Raise $400 Million in Offshore Loan [Financial Post (Toronto, Ontario, Canada)]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Sign up for theIndia Edition newsletter by Menaka Doshi – an insider's guide to the emerging economic powerhouse, and the billionaires and businesses behind its rise, delivered weekly. Adani Green Energy Ltd. is in talks to raise about $400 million through an offshore loan as the unit of billionaire Gautam Adani seeks funds for an upcoming renewable project, according to people familiar with the matter. Article content Article content The foreign currency loan could range from seven to ten years, with the pricing likely linked to the Secured Overnight Financing Rate, said the people, who asked not to be named because the discussions are confidential. The unit of India's ports-to-power conglomerate is in talks with a group of banks including Mitsubishi UFJ Financial Group Inc., First Abu Dhabi Bank PJSC, Standard Chartered Bank and Sumitomo Mit
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- 4/17/24 - Form 6-K
- 4/9/24 - Form 424B2
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- MUFG's page on the SEC website