Adani Green repays USD 750 million Holdco Notes, avoiding refinancing
Adani Green Energy Ltd announced it has fully repaid its $750 million Holdco Notes, using cash reserves and a fully funded redemption reserve, without the need for refinancing. The 4.38% Holdco Notes, issued in September 2021 to fund the company’s expansion, were redeemed ahead of their September 8 due date, according to a stock exchange filing on September 9. The bonds supported Adani Green’s growth over the past three years, during which the company tripled…