logo
Adani Units Raise $275 Million Offshore Debt from Global Lenders

Adani Units Raise $275 Million Offshore Debt from Global Lenders

Bloomberg8 hours ago
Two units of Adani Group raised a total of about $275 million through two foreign currency loans as the Indian conglomerate continues to ramp up its borrowing, according to people familiar with the matter.
Adani Airport Holdings Ltd. raised $150 million through a syndicated foreign currency loan from banks including Barclays Plc, DBS Bank Ltd., First Abu Dhabi Bank and Mitsubishi UFJ Financial Group, said the people, who asked not to be identified because the information is confidential. Separately, Adani Ports & Special Economic Zone Ltd. raised $125 million through a bilateral deal with Mitsubishi UFJ Financial Group, they said.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Why Taiwan Semiconductor Stock Tumbled Today
Why Taiwan Semiconductor Stock Tumbled Today

Yahoo

timean hour ago

  • Yahoo

Why Taiwan Semiconductor Stock Tumbled Today

Key Points The U.S. government wants to take a 10% stake in Intel. It also wants to convert the free grant money that it already promised Intel into payment for Intel shares. The government may do the same thing to TSMC. 10 stocks we like better than Taiwan Semiconductor Manufacturing › Contract semiconductor manufacturer Taiwan Semiconductor Manufacturing (NYSE: TSM) stock slid 2.2% through 12:22 p.m. ET Wednesday. Why? As you may have heard by now, President Trump is planning to take an equity stake in Intel (NASDAQ: INTC). All the cool kids are doing it Following passage of the Biden administration's CHIPS Act supporting the U.S. semiconductor industry, Intel was awarded $10.9 billion in grants. But as Bloomberg reports, the Trump White House is now negotiating with Intel to convert those grants into a 10% stake in Intel stock. But Intel wasn't alone in winning CHIPS Act grants. As CNBC points out, Taiwan Semiconductor (TSMC) was awarded $6.6 billion in U.S. government semiconductor subsidies. And now it seems U.S. Commerce Secretary Howard Lutnick may want to convert that grant into an equity stake as well. What does this mean for Taiwan Semiconductor Manufacturing stock? That's the question investors are pondering today: What does this mean for TSMC? If Commerce converts its $6.6 billion grant into a $6.6 billion investment in TSMC stock, it will effectively remove $6.6 billion in "free money" from TSMC's balance sheet. But TSMC would still get to keep the $6.6 billion -- in exchange for handing shares over to the government. It might also be better positioned to win further government subsidies. But what if the rumors prove false? What if the government invests only in Intel, and not in TSMC? That would seem to give the government a big incentive to make sure Intel "wins" the semiconductor market, perhaps at TSMC's expense. This is bad news for TSMC. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $654,781!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,076,588!* Now, it's worth noting Stock Advisor's total average return is 1,055% — a market-crushing outperformance compared to 183% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 18, 2025 Rich Smith has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Intel and Taiwan Semiconductor Manufacturing. The Motley Fool recommends the following options: short August 2025 $24 calls on Intel. The Motley Fool has a disclosure policy. Why Taiwan Semiconductor Stock Tumbled Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store