Adani Green arms to raise USD 500 mn via dollar denominated bonds

Adani Green Energy Friday said the boards of its three subsidiaries have approved the pricing, tenure and other terms for issuing dollar denominated bonds worth USD 500 million ( about Rs 3,490 crore).

According to a BSE filing, the boards of Adani Green Energy (UP), Parampujya Solar Energy Private and Prayatna Developers Private have approved the issuance of "USD-denominated Rule 144A / Reg S 5.5-years senior secured green bonds (Notes) aggregating to USD 500 million."