Adani Green’s Dollar Bond May be Revived by Mid-2025
Adani Group CFO Jugeshinder Singh.
Photographer: Justin Chin/BloombergThis article is for subscribers only.
Adani Green Energy Ltd. will consider resurrecting its scrapped dollar bond between April and June, Group Chief Financial Officer Jugeshinder Singh said Friday, which if realized would be a show of the conglomerate’s resilience despite the US probe against founder Gautam Adani.
“Once we find clarity, we’ll revive the dollar bond sale,” Singh said in his first media interaction since the US indictment became public last week, roiling the Adani stocks, forcing Adani Green to scrap its $600 million dollar bond and triggering a query from India’s market regulator.