Adani to prepay $500 million loan as banks balk to refinance

The development is the first concrete sign that global banks are becoming more wary of financing Adani’s empire and coincides with comments from France’s TotalEnergies SE that a multi-billion dollar plan to produce green hydrogen with the Indian tycoon has been put on hold, pending audits of his conglomerate.

from Banking/Finance-Industry-Economic Times https://ift.tt/j3cAwZa