Adani Group has delayed its $1.5 billion 20-year green bond sale, originally priced at 7%. The funds were set to repay foreign-currency loans.
The decision comes as the conglomerate focuses on regaining investor trust following a $150 billion stock rout in 2023 caused by a Hindenburg Research report. The bond sale is expected to return after November elections. Adani Enterprises is also planning a $500 million share sale. The company is actively reducing debt and progressing major projects to reassure investors.