April 10, 2024
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(Reading time 20 seconds) Adani Green Energy Ltd. is in talks to raise about $400 million through an offshore loan for an upcoming renewable project. The foreign currency loan could range from seven to ten years, with the pricing likely linked to the Secured Overnight Financing Rate
The company is in talks with a group of banks including Mitsubishi UFJ Financial Group Inc., First Abu Dhabi Bank PJSC, Standard Chartered Bank and Sumitomo Mitsui Financial Group Inc.
Earlier in December, Adani Green raised a $1.4 billion loan from a group of banks.
