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Adani bonds hit one-year low
short by Pragya Swastik / on Monday, 25 November, 2024
Adani dollar bond prices fell to one-year lows on Monday as investors cut exposure to the group due to bribery allegations from US authorities. Some of the most liquid debts issued by Adani Ports fell between 1 cent and 2 cents in early trade, with similar selling in Adani Transmission debt. Ports bonds maturing in 2027 were down 1.6 cents.
read more at Reuters