Fate of Adani Port and Airport will shine with 1500 crores of bond market, made a new plan

Adani Group is once again doing big planning to raise debt. The group may revisit the bond market to raise funds and repay debt. 2 companies of the group can raise funds of 1500 crores from the bond market.

Adani Group is planning to raise huge funds these days. For this, Adani Group can revisit the global bond markets by September. This big plan of Adani Group is likely to brighten the fate of Adani Port Airport. Actually, Adani Group wants to raise funds of 1500 crores by revisiting the bond market. For this, the company is in talks with merchant bankers. The companies through which funds will be raised include Adani Port and Airport. At the same time, this year the group is planning to collect a fund of Rs 10,000 crore.

These 2 companies will raise funds

Bankers told Reuters that Adani Airport Holdings and Adani Ports and Special Economic Zone Company are trying to raise Rs 1000 crore to Rs 1500 crore through bonds. Both the companies want to bring a bond of 5 years. According to bankers who are aware of this plan, these bonds can be issued in September. However, no official statement has come from Adani Group on this matter.

Bond will be of 5 years

According to sources, Adani Group can issue bonds for 5 years from September this year. During this time the group can issue a bond of 1500 crores. Apart from this, Adani Enterprises and Electricity Mumbai may also look at possible debt issues. However, the Adani Group will finalize its plan only when market regulator SEBI submits its report on the investigation into Hindenburg's allegations. Let me tell you, SEBI is going to present its report in the Hindenburg case on Monday.

Adani Group denies Hindenburg's allegations

Let us tell you that on January 24, American short-seller Hindenburg released a report. Due to this, the company had to face a huge loss of 100 billion dollars. Regarding these allegations, Gautam Adani, chairman of Adani Group, said that Hindenburg's report was wrong and said that Hindenburg tried to harm us by presenting a wrong report. All his allegations were baseless. Their aim was to damage our reputation.