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Adani to raise funds from foreign banks to replace APT loan

Last Updated: Thursday, February 9, 2012, 22:09

Adani Enterprises(AE) is close to finalising a long-term project loan to the tune of around AUD 1.4 billion from a consortium of banks overseas to replace the nearly USD 2 billion bridge loan raised by it to acquire Abott Point terminal (APT) in Australia last year.

Adani Enterprises finalising $1.5 bn port loan

Last Updated: Thursday, February 9, 2012, 11:49

Adani Enterprises is finalising a A$1.4 billion project finance loan with a group of lenders to replace a USD 2 billion bridge loan raised to buy an Australian coal terminal last year, two sources said.