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HomeIndiaIndia's Adani Green Energy withdraws planned dollar bond sale, sources say

India’s Adani Green Energy withdraws planned dollar bond sale, sources say

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(Reuters) – India’s Adani Green Energy has cancelled its plan to raise funds via U.S. dollar-denominated bonds, according to two sources with direct knowledge of the matter, after the Adani Group’s chairman was indicted in the U.S. over an alleged multibillion-dollar bribery and fraud scheme.

(Reporting by Dharamray Lalit and Sumeet Chatterjee, writing by Scott Murdoch; Editing by Kim Coghill)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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