Adani Group looks to de-risk its borrowings with public bond issues in India

The bond issue is not for the want of capital—the ₹800-crore issuance is a drop in the ocean compared to the Adani Enterprises' ₹57,000-crore gross debt. Jugeshinder Singh, Adani Group’s CFO, said the aim is to test and develop a domestic debt capital market for corporates.
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