Adani Group Secures $275M in Foreign Currency Loans

Adani Group companies, like those involved in airports and ports, borrowed money from international lenders.

They took out about $275 million in foreign currency loans to help with things like building and buying back existing debt.

One part of the group, the airport business, borrowed $150 million.

The ports business borrowed another $125 million.

These loans come with specific interest rates and have to be paid back in four years.

Lenders seem confident in the Adani Group, as the group has secured lots of new loans recently, with more than $10 billion secured in the past six months.