Adani in talks to raise $400m debt against Australian coal port assets

Adani in talks to raise $400m debt against Australian coal port assets

FILE PHOTO: The logo of the Adani group is seen on the facade of one of its buildings on the outskirts of Ahmedabad, India, April 13, 2021. REUTERS/Amit Dave

India’s Adani Group is in talks with global credit funds to raise up to $400 million in debt against assets of the Carmichael coal mine, the Economic Times reported on Monday.