investigate the groupThe group has been trying reassure investors with road shows and calls with bondholders. According to sources, Adani has told creditors it has secured a $3-billion loan from a sovereign wealth fund.
“We believe that the long-term growth prospects for these companies are substantial,” said Rajiv Jain, GQC’s chairman and chief investment officer. “This transaction marks the continued confidence of global investors in the governance, management practices, and the growth of Adani portfolio of companies,” said Adani Group chief financial officer Jugeshinder Singh.