India's Adani dollar bonds edge higher after sharp dive

Kitco Media
By Reuters
Published:
Updated:
Reuters
SINGAPORE, Jan 31 (Reuters) - Dollar bonds issued by entities of India's Adani Group rose on Tuesday after a sharp dive in the past few days following a scathing report by a U.S. short seller that triggered a rout in the conglomerate's listed firms. U.S. dollar-denominated bonds issued by Adani Ports and Special Economic Zone continued their fall into a second week, with the bond maturing in August 2027 gaining about 4.3 cents to 78.05 cents, coming off multi-year lows it touched on Monday.


International bonds issued by Adani Green Energy, Adani Economic Zone , Adani Transmission and Adani Electricity Mumbai also edged higher.
(Reporting by Ankur Banerjee in Singapore; Editing by Kim Coghill)

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