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India's Adani Enterprises eyes $210 mln fundraise via rupee debt, bankers say
MUMBAI: The flagship firm of India’s Adani group, Adani Enterprises, plans to raise around 20 billion rupees ($210 million) through the sale of short-duration bonds, two merchant bankers directly aware of the transaction said on Tuesday. “The company would look for an issuance of below five-year maturity, and may aim to complete the sale within this quarter,” one of the bankers said. The funds are being raised for general corporate purposes, the bankers said, adding that the details are yet to be finalised. The bankers requested anonymity as they are not authorised to speak to the media. The c...
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