BlackRock: BlackRock Bets Big on Adani: Leads $750 Million Bond Deal
BlackRock has emerged as the largest investor in Adani Group's $750 million private bond issuance. This marks BlackRock's first private placement in India's infrastructure sector, signaling confidence in Adani despite ongoing scrutiny following a U.S. Department of Justice indictment in a bribery case last year. With this investment, BlackRock acquired one-third of Adani Group's $750 million
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BlackRock is a New York-based investment management firm that provides services such as investment, advisory and risk management for government and non-profit organizations.
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