1 / 3

indiabiz-live-adani-transmission-intends-to-repurchase-100-million-in-bonds-

<br>According to a Bloomberg article citing persons familiar with the situation, Adani Electricity Mumbai, a 100% owned subsidiary of Adani Transmission Ltd, is poised to announce a $100 million bond buyback soon.

India17
Download Presentation

indiabiz-live-adani-transmission-intends-to-repurchase-100-million-in-bonds-

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING Top Stories Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign Adani Transmission Intends to Repurchase $100 Million in Bonds  Home - Markets - Adani Transmission Intends to Repurchase $100 Million in Bonds  Search here ... Latest Update RECENT POPULA R COMMO N  May 5, 2023 IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Markets  May 5, 2023  May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign By Gurpreet Kaur  4 hours ago  0  4  1 minute read Facebook Twitter            May 5, 2023 According to a Bloomberg article citing persons familiar with the situation, Adani Electricity Mumbai, a 100% owned subsidiary of Adani Transmission Ltd, is poised to announce a $100 million bond buyback soon.  Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report The information was released barely one week after the Adani Group entity Adani Ports and Special Economic Zone (APSEZ) began a repurchase programme of certain debt instruments to partially settle upcoming debt maturities and demonstrate the company’s strong cash position.  A few banks are allegedly collaborating with Adani Transmission to make the sale happen, according to the Bloomberg article. Adani Group’s spokesman declined to comment.   May 5, 2023 Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20%   Recall that in February of this year, Moody’s altered the outlook for Adani Electricity Mumbai from stable to negative. Given the limited headroom in its credit metrics under Moody’s base case scenario, it stated the expected reduction in its access to ?nance and reduced capacity to manage any major increase in funding costs.  The new action is perceived as the Adani group’s latest attempt to restore investor trust following a selloff of over $140 billion in its shares and bonds in January following a Hindenburg Research report that accused it of accounting fraud and stock manipulation. The ?rm has always refuted the accusations made by the US-based short seller.  Most Viewed  February 15, 2023 To conclude its investigation into the Hindenburg claims, market regulator Sebi has asked the Supreme Court for a six-month extension. The SC had ordered Sebi to “expeditiously conclude” the probe within two months and provide a progress report in its decision from March 3.  HOME CAMPAIGNS Adani Group equities are the Subject of This Week  DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS You can share this post! FUND RAISING   March 3, 2023

  2. VCs’ ?xation with start-ups’ topline, says CEO of Infosys            Previous article SoleSearch Raises Crores in 1st Funding Round, Targeting the Indian Market  Next article   February 27, 2023 Shopify will Sell its Logistics Division to Flexport & Reduce its Workforce by 20%   M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  Related Articles MARKETS MARKETS MARKETS  January 31, 2023 IHC investment leads Adani Enterprises shares to boost by 5%    February 20, 2023 A 50% YoY Pro?t Increase is Possible for… The Top Stock on the First Week of… Shares o Crossed Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs  May 4, 2023  May 3, 2023  May 2, Leave a Reply Your email address will not be published. Required ?elds are marked *  March 3, 2023 Buy Adani Group Stocks, Advises ICICIdirect   Comment * Most Reviews RECENT POPULA R COMMO N Name * Email *  May 5, 2023 IvyCap Ventures- Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M POST COMMENT  May 5, 2023 Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign  May 5, 2023 Govt changes Proposed Electricity Strategy to Stop Additional Coal- Fired Capacity: Report HOME CAMPAIGNS DIGITAL MEDIA MARKETING STARTUPS ECONOMIC MARKETS FUND RAISING 

  3. Newsletter Subscribe to our mailing list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  May 5, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  IvyCap Ventures-Led Series A Funding Round, Hyderabad’s ZestIoT Secures $6.5M Economic Fund Raising Marketing Markets Politics Startups  May 5, 2023 Uncategorized VCs’ ?xation with start-ups’ topline, says CEO of Infosys Virat Kohli Encourages Healthy Snacking in Happilo’s Campaign  May 5, 2023 M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  Govt changes Proposed Electricity Strategy to Stop Additional Coal-Fired Capacity: Report © Copyright Indiabiz.live 2022. Designed and Developed by VUI Live 

More Related