Adani Group to raise at least $1.5 billion via dollar bonds: Report

The bonds would mainly be issued under Adani Green Energy and Adani Energy Solutions – renewable energy and power transmission units of the group – and through special purpose vehicles, the report said.

The ports-to-power conglomerate will complete the sales in multiple parts by end of February next year and proceeds will be used to refinance debt, the report added.

Talks are ongoing with banks in Japan, Europe and the Middle East, the Bloomberg report said, but did not sepcify any names.

The billionaire Gautam Adani-led group did not immediately respond to a Reuters request for comment.