Any public issuance aimed at US investors. It would require that it registered with the US stock and values commission. UU., Which is also investigating the group about the supposed fraud of values. | Photo credit: Amit Dave
Adani Enterprises prepares to take advantage of foreign markets again to raise $ 1.2-1.5 billion through the public issuance of the bonds called in US dollars, but is waiting for more clarity about the state of the inactics of corrupts abroad inactics inactics of the authorities of application of the United States law last year, the sources said.
“We intend to take advantage of foreign markets, but we are waiting for a resolution about the accusations made,” said the source. The funds collected will be for their airport business, specifically for the next Navi Mumbai airport, the first phase of which the operations will begin in June of this year, coordinate the indications given by the Ti airport arm.
The sources said that the group was confident that a public issuance of the Federation would obtain a strong traction of US investors, an opinion reinforced by a placement of recently private bonds of $ 750 million by a Adani Group offshore promoter entity Port in Australia.
The group is now looking for a larger funds through a public bond issuance, and the indications are that it could be some time in the middle of the year.
In February, the president of the United States, Donald Trump, had signed an executive order that ordered the United States Department of Justice to stop prosecuting Americans who had accused or bribing foreign officials to ensure commercial contracts. More recently, the Trump administration indicated that it was going back to the application of certain types of white collar crimes, including bribery charges.
It has been seen that these developments benefit the Adani group, which faces the charges of bribery fraud and values there. Last year, the founder of the group, Gautam Adani, and several other executives were accused of US police bodies in India to obtain solar energy contracts for Adani Green Energy, whose time was raising funds in the United States.
Any public issuance aimed at US investors. It would require that it registered with the US stock and values commission. UU., Which is also investigating the group about the supposed fraud of values.
Next airport
Navi Mumbai International Airport, in which the Adani Group has a 74 percent participation, will begin operations with a terminal that manages 20 million passengers annually. It will be increased in phases to achieve a passenger management capacity or 90 million.
Posted on April 18, 2025
