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News Adani Group prepays US$200m-worth of loan for Holcim India deal

Adani Group prepays US$200m-worth of loan for Holcim India deal

Written by Global Cement staff 02 May 2023
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India: Adani Group has reportedly prepaid US$200m-worth of a US$1bn mezzanine loan for its acquisition of Holcim's Indian business in mid-2022. The loan will be due for repayment in September 2024. Bloomberg has reported that the conglomerate hopes that the part prepayment will help it to secure a three-year extension to repayment.

Last modified on 03 May 2023
Published in Global Cement News
Tagged under
  • India
  • Adani Group
  • Holcim India
  • Acquisition
  • Finance
  • funding
  • debt
  • GCW606
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