Financing is so tight for the Adani Group after its shares got savaged by Hindenburg that it plans a $500 million loan prepayment
The Adani Group plans to prepay a $500 million bridge loan due next month after some banks balked at refinancing the debt following a short seller attack that sent the group’s assets tumbling. Barclays Plc, Standard Chartered Plc and Deutsche Bank AG are among banks that lent Adani $4.5 billion to…
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