
Adani Electricity may raise $1.5 billion overseas in 2020: Report
Tuesday, December 31, 2019, 8:13 PM
In what could possibly be one of the largest foreign borrowing rounds by an Indian firm, Adani Electricity Mumbai is all set to raise around $1.5 billion, The Economic Times reported. Sources told the paper that while a billion rupees is likely to be raised through bonds, the remaining $400-500 million might come via syndicated loans. Moneycontrol couldn't independently verify the report.
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