The next few weeks will be crucial for fundraising. If it fails, the issuer’s B- credit rating, already deep in the junk-bond category, could come under pressure, S&P said this month. Adani’s net debt pile of $24 billion may be three times as large as Agarwal’s, but his bonds are still rated at the lowest rung of investment grade.
ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani
MAN Industries expects Saudi Arabia to become a major growth driver, contributing 35–40% of revenue within three years. The company is targeting FY27 revenue of
August 15, 2026