๐ฆ&๐ฃ ๐๐ผ๐๐ป๐ด๐ฟ๐ฎ๐ฑ๐ฒ๐ ๐ข๐๐๐น๐ผ๐ผ๐ธ ๐ณ๐ผ๐ฟ ๐ฏ ๐๐ฑ๐ฎ๐ป๐ถ ๐๐ถ๐ฟ๐บ๐ ๐๐บ๐ถ๐ฑ ๐จ๐ฆ ๐๐ฟ๐ถ๐ฏ๐ฒ๐ฟ๐ ๐๐น๐น๐ฒ๐ด๐ฎ๐๐ถ๐ผ๐ป๐
S&P Global Ratings issued a negative outlook for Adani Electricity Mumbai, Adani Ports, and Adani Green Energy, citing bribery charges against Chairman Gautam Adani. The allegations may tighten funding access and raise borrowing costs by 200-300 basis points. Adani Green Energy faces heightened refinancing risks, with $2 billion in short-term debt. Bond prices have dropped 5% in two days, signaling market concern.
S&P Global Ratings issued a negative outlook for Adani Electricity Mumbai, Adani Ports, and Adani Green Energy, citing bribery charges against Chairman Gautam Adani. The allegations may tighten funding access and raise borrowing costs by 200-300 basis points. Adani Green Energy faces heightened refinancing risks, with $2 billion in short-term debt. Bond prices have dropped 5% in two days, signaling market concern.