Adani's debut USPP pushed into 2020

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By Silas Brown
02 Dec 2019

Several sources in the US private placement market have told GlobalCapital that Indian power grid company Adani Transmission’s inaugural US private placement has not been placed, and the arrangers will return to the project in the first quarter of 2020.

Many are watching this transaction with interest as it is the first prospective US private placement from India for over a decade. Bank of America and Barclays are arranging the deal and have held roadshows for the Baa3/BBB-/BBB- rated borrower in the past few months.

Adani ...

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