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Adani dollar bonds tumble after US bribery charges
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Adani dollar bonds tumble after US bribery charges
Nov 20, 2024 7:17 PM

SINGAPORE, Nov 21 (Reuters) - Dollar bond prices for

Adani companies fell sharply in early Asia trade after the

Indian conglomerate's billionaire chairman was indicted in New

York over allegations of bribery and fraud.

Prices for Adani Port and Special Economic Zone

debt maturing in August 2027 fell more than

five cents on the dollar, according to LSEG data.

Adani Electricity Mumbai debt maturing in February 2030 fell

nearly eight cents and dollar bonds issued by

Adani Transmission also notched falls larger than five cents.

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