Adani group company's bonds fall to distressed levels after FPO withdrawal
Adani Ports & Special Economic Zone or APSEZ's 3.375% bond due in July 2024 fell the most in global secondary markets on Wednesday
After withdrawal of Adani Enterprises FPO (Follow-on Public Offer) on Wednesday, Adani group company's bonds fell down to distressed levels. Bonds issued by Adani Green Energy and Adani Ports & Special Economic Zone (APSEZ) received maximum beating in the global markets.
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