Scrutiny of the debts of Adani Group companies has intensified following a report by short seller Hindenburg Research, fixing investor attention in the months ahead on a string of bond interest deadlines.
The conglomerate, backed by Asia’s richest person, has at least $289 million worth of dollar note coupon payments due in 2023, according to data compiled by Bloomberg. The first deadline is on Thursday, when Adani Ports & Special Economic Zone Ltd. must pay a combined $24.7 million of interest for three bonds.
