Adani bonds slide to year low as investors and lenders weigh bribery allegations
As investors reduced their exposure to the Indian company and some bankers contemplated halting new funding in the wake of bribery and fraud allegations by U.S. authorities, Adani dollar bond prices dropped Monday to nearly one-year lows. Gautam Adani, the group’s billionaire chairman, and seven other individuals were accused last week of conspiring to bribe […]
Adani bonds slide to year low as investors and lenders weigh bribery allegations Read More »