Reply To: What’s Next for Adani Group After Short Seller Hindenburg Report Wipes Out Over $50 Billion in Market Value


Bid prices of two closely watched U.S. dollar bonds issued by Adani companies tumbled to about 73 cents on the dollar on Monday, reflecting growing default concerns among debt investors. The yield on an Adani Green bond with a 4.375% coupon that comes due in 2024 soared above 20%, according to Tradeweb data.