Adani Group Plans $1.1 Billion Loan Repayment After Share Collateral Plummets
The ports-to-energy conglomerate controlled by Indian billionaire Gautam Adani said its founders will prepay a $1.1 billion loan that was backed by shares of some of its companies, a move to shore up investor confidence after a rout in its stock prices over the past two weeks. The Adani Group said…
#gautamadani #adanigroup #adani #hindenburgresearch