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India’s Adani Ports and Special Economic Zone, part of embattled billionaire Gautam Adani’s conglomerate Adani Group, has begun a $130 million buyback program of debt securities to prepay some of its loans due in 2024.
In a filing with the Mumbai stock exchange on Monday morning, Adani Ports IN:532921 said it has launched a tender for up to $130 million in the company’s outstanding 3.375% Senior Notes due 2024.
Adani…
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