Adani to prepay $500 million loan as banks balk to refinance ...Middle East

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 report 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 finance the purchase of Holcim Ltd cement assets last year. A portion of that loan is due March 9.

Hence then, the article about adani to prepay 500 million loan as banks balk to refinance was published today ( Thursday 09/02/2023 - 06:08 AM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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