Adani unit lights up market with blowout trade

Morgan Davis

February 06, 2020 11:30 am

Crowd_hands_popular_Adobe_230x150 — Audience with hands raised at a music festival and lights streaming down from above the stage. Soft focus, blurred movement. | Bernard Bodo/bernardbodo - stock.adobe.com

Investors rushed to Indian company Adani Electricity Mumbai's (AEML) bond on Wednesday, flooding the $1bn deal with orders that reached more than $6bn at their peak.

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Topics

Responsible Investment Deutsche Bank JP Morgan Citi Barclays Corporate Bonds India Asia Standard Chartered South Asia Morgan Stanley Asia Pacific Emerging Markets SRI DBS High grade and crossover bonds

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Morgan Davis

Deputy editor GlobalCapital Asia