These bonds were issued in 2019 when APSEZ had raised $650 million through five-year bonds due for maturity in July 2024. After the US-based activist shortseller Hindenburg Research released an adverse report on Adani Group in January, the bonds fell to 86/88 cents on the dollar, and has since recovered to 97 cents, said a bond trader.
Singtel likely to sell stake worth Rs 8,500 crore in Bharti Airtel via block deal: Report
Singtel plans to offload nearly 5 crore Bharti Airtel shares via block deals worth ₹8,500 crore at a 3.6% discount. Bharti Airtel recently reported a