Private Equity
Refinancing terms may save Adani Group $300m compared to original loan. : Mumbai: The Adani group on Friday said it has clinched a $3.5 billion debt refinance deal from a consortium including at least 10 foreign lenders to repay the debts that were taken last year by the group’s promoters to fund the $6.6 billion acquisition of Ambuja Cements Ltd and ACC Ltd. The refinancing deal, whose terms are more favourable than the original acquisition loan, has a maturity of up to three years.

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