Fri 11/25/2022 05:16 AM
Adani Green Energy Ltd’s management has informed select investors that the company not only intends to offer a partial credit guarantee from TotalEnergies SE for its planned $1 billion green bond, but plans a similar guarantee for bonds it would issue to refinance its USD notes maturing in 2024, two sources said.
The company’s communications to investors about partial credit guarantees from TotalEnergies - a 20% equity investor in Adani Green Energy - for future bond issues comes as debt...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.