Adani Green Energy has fully repaid its $750 million Holdco Notes, which were used to fund its expansion over the past three years. The company used its cash reserves and a redemption reserve account, avoiding the need for refinancing. Adani Green’s capacity grew from 3.5 GW to 11.2 GW during this period.
Mutual fund NFOs: 6 new funds to open for subscription this week; ICICI Prudential MF to launch 3 life cycle funds
Around six new mutual fund schemes will open for subscription between August 24 and August 28. The upcoming launches include three target-date life cycle funds