The Indian conglomerate Adani Group has signed a private credit loan of around $ 330 million Australian dollars (US $ 207 million) For its port unit of coal located in the north of Queensland, Australia, according to people familiar with the matter.
The direct lender King Street Capital Management is one of the two lenders who grant the loan to North Queensland export terminal PTY. De Adani, whose funds will be used to refinance the debt with expiration in June, according to people, according to people, They asked not to be identified because they are private matters. The Asset Management Assets Management Management is the other ease financier at six years, said one of the people familiar with the matter.
Adani’s ability to obtain new debt shows that he is recovering from the consequences of the United States accusation against Gautam Adani for a bribe plot in November. The actions and bonds of the conglomerate have largely recovered their value, after strong falls.
The Adani group is no stranger to private credit. Last year, Farallon Capital Management and King Street granted A loan of around $ 500 million Australian dollars to the company, according to Bloomberg News.
North Queensland Export Terminal, which acquired a 99 -year lease lease operation of the Queensland state government in 2011, It is part of Bravus Australia, a company of the Adani group that offers integrated energy and infrastructure services in Australia.
The representatives of Bravus Australia, King Street and Sona refused to comment. Adani Group did not respond to a request for comments.
The Australian Financial Review He had previously reported that the company was looking for a loan.
