Investors retain Adani bonds amid global market uncertainty
after close1 source ↓written by the desknot a recommendation
Despite global market tensions from the West Asia crisis, investors are holding onto Adani Group's dollar bonds. On 12 Mar, Adani Ports completed a buyback offer, repurchasing USD 199.5 million of its debt. However, bondholders returned only USD 199.6 million of the offered USD 495 million, indicating strong confidence in the bonds.
Not investment advice. For informational purposes only.