Barclays, Standard Chartered and Deutsche Bank AG are among banks that lent Adani $4.5-billion to finance the purchase of Holcim cement assets last year. A portion of that loan is due on 9 March.
The lenders were in talks to refinance the loan up to a week before the critical report from Hindenburg Research was published, according to people familiar with the matter. Those negotiations stalled after the report alleging fraud led to a massive selloff, chilling the banks’ willingness to refinance, the people said, asking not to be identified discussing a private matter.
The development is the first concrete sign that global banks are becoming more wary of financing Adani’s empire and coincides with
الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Adani stocks rebound as the group moves to repair debtDe-leveraging is expected to be the immediate focus for the next year, says analyst
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