Adani Green Eyes $1 Billion Offshore Loan Post-SEC Settlement

Adani Green seeks to raise $1 billion via offshore loan.

Verified Facts

• Adani Green Energy Ltd. is seeking to raise $1 billion through an offshore loan.
• The company is in early talks with lenders and advisors to raise a dollar loan.
• The loan may be raised in two tranches over the next three months.
• Billionaire founder Gautam Adani and his nephew Sagar agreed to pay $18 million to settle US Securities and Exchange Commission allegations.
• The settlement resolves allegations of making false and misleading representations about Adani Green Energy.