Adani Group mulls $1.5-bn bond issue

Adani Group Chairman Gautam Adani on Sunday said that the company was mulling a global bond issue of $1.5 billion, for which talks have been initiated with bankers.

Adani announced this to reporters on the sidelines of a function organised by the group. “A $1.5-billion global bond issue is on the cards,” Adani said, but did not divulge details.