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Stock impact report

Adani in Talks With Banks to Borrow $600 Million for Gas Unit [Yahoo! Finance]

TotalEnergies SE (TTE) 
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Truce Talks Drag as Hamas Hits Israel Crossing in Deadly Attack France's Macron Calls for Reset of Economic Ties With China Buffett Praises Apple After Trimming It, Drops Paramount Stake Treasury Rally Risks Running Into a $125 Billion Brick Wall Xi Begins Europe Tour in Paris as Macron Seeks to Reset Ties Billionaire Gautam Adani's conglomerate is seeking an offshore loan of about $600 million to refinance existing debt, according to people familiar with the matter. The loan will be raised by Dhamra LNG Terminal Pvt., a unit of Adani Total Pvt., the people said, asking not be named because the details are private. The debt's tenor could range from three to five years, with the pricing likely linked to the Secured Overnight Financing Rate, they said. The port-to-power group is discussing the planned transaction with lenders including Credit Agricole, DBS Bank Ltd., BNP Paribas, Mitsubishi UFJ Financial Group Inc., and Mizuho Bank Ltd., two of Show less Read more
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