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Adani Family Targets Massive $2.5 Billion Offshore Refinancing Loan

Endeavour Trade and Investment Ltd, a Mauritius-based special purpose vehicle owned by the Adani family, aims to raise $...

Adani Family Targets Massive $2.5 Billion Offshore Refinancing Loan
Source: Business Standard - Auto

Endeavour Trade and Investment Ltd, a Mauritius-based special purpose vehicle owned by the Adani family, aims to raise $1.5 billion through a bridge loan with a tenor ranging from eighteen to twenty-four months. This forms part of a broader $2.5 billion refinancing plan, marking India's largest offshore loan transaction this year and signaling continued aggressive financial maneuvering by the conglomerate.

SOURCE: Business Standard - Auto
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