Adani in talks for $400 million debt against Australian coal port assets: Report

Adani Group has begun discussions with global credit funds to raise up to $400 million in debt against assets of a key coal port that makes up a large portion of the Indian conglomerate's Australian exports of the solid fossil fuel from Carmichael mine.

Reuters

February 27, 2023 / 07:31 IST

Signage of Adani Group in Mumbai, India, on Wednesday, on Feb. 15, 2023. Photographer: Indranil Aditya/Bloomberg

Adani Group has begun discussions with global credit funds to raise up to $400 million in debt against assets of a key coal port that makes up a large portion of the Indian conglomerate's Australian exports of the solid fossil fuel from Carmichael mine, the Economic Times reported on Monday citing sources aware of the fund-raising.

Reuters

first published: Feb 27, 2023 07:31 am

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