Adani Group is reviving plans to raise roughly $1 billion via a US-listed, dollar-denominated bond, according to people familiar with the matter cited by Bloomberg and Business Standard. The companies say the potential fundraising would be aimed at returning to US capital markets as legal issues involving the group in the United States show signs of easing. The sources also indicate the bond sale could occur over the next three to four quarters, or by early next year, depending on market conditions and regulatory or legal developments.
Business Standard notes that, if the issuance proceeds, it would represent the first US-listed debt offering by an Adani Group firm. The reports do not specify the bond’s issuer entity within the group, the proposed tenor, coupon, or how proceeds would be used. Both outlets frame the plan as conditional on timing and access to US financing markets. No further details on the size of the offering beyond the approximate $1 billion figure are provided in the available accounts.