Adani unit lights up market with blowout trade

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By Morgan Davis
06 Feb 2020

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.

AEML conducted a global roadshow in the last week of January and completed its meetings in Asia on February 3. That allowed the leads to gather pricing feedback on Tuesday, before opening the deal on Wednesday.

Barclays, Citi, DBS, Deutsche Bank, Emirates NBD Capital, JP Morgan, MUFG ...

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