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Adani Green provided details on how it would finance the repayment of its $750mn 4.375% bond due September 2024. This would be done via three parts:
The terms of the notes require Adani Green to come up with a refinancing plan well ahead of the maturity. In late-December, Adani Green got its board’s approval to raise about INR 93.5bn ($1.1bn) by issuing share warrants to its founders to help pare debt and accelerate growth spends.
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