Robeco, Lombard Odier Among Buyers of New Adani Green Bonds [Financial Post (Toronto, Ontario, Canada)]
ABRDN PLC UNSP ADR (SLFPY)
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Source: Financial Post
sign of confidence for the renewable energy business even as some observers raise environmental concerns about the wider Adani group. Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Robeco Institutional Asset Management BV and Banque Lombard Odier & Cie SA were among buyers in Adani Green Energy Ltd.'s recent green bond sale, a sign of confidence for the renewable energy business even as some observers raise environmental concerns about the wider Adani group. Adani Green and associated firms raised $409 million this month in the conglomerate's first debt sale since a damaging short-seller report last year. The 18-year bond attracted orders worth seven times the deal size, with proceeds used to redeem a $500 million green note maturing in December. Article content Article content As a producer of renewable energy, Adani Green has emerged as one of the more appealing arms of the group for inve
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