No Immediate Impact on Rated Adani Entities’ Credit Profiles from ”Short-Seller Report”
Fitch Ratings-Singapore: Fitch Ratings says there is no immediate impact on the ratings of the Fitch-rated Adani entities and their securities following a “short-seller report” alleging malpractices at India’s Adani group, and expects no material changes to its forecast cash flow. There are also no near-term significant offshore bond maturities – earliest in June 2024 […]