BlackRock Inc. (NYSE:BLK) and Citadel are reportedly in discussions with India’s Adani Group to acquire $750 million in debt as the conglomerate seeks refinancing, according to the Economic Times. The move comes as Adani restructures its financial obligations, including senior secured private placement notes from Mumbai International Airport Ltd. (MIAL), which Apollo Global Management (NYSE:APO) acquired in 2022.
The refinancing effort is crucial as the terms of these notes are set to become more stringent after April-May 2025. Apollo is expected to roll over part of its exposure, while Adani is also securing an additional $750 million for Adani Airports Holdings Ltd. (AAHL) to fund expansion.
Adani, India’s largest private airport operator, manages major hubs in Mumbai, Ahmedabad, and Lucknow. The group, active in the airport sector since 2019, is also eyeing investment opportunities in the U.S. despite legal hurdles.
While discussions with BlackRock and Citadel are ongoing, no agreements have been finalized. A Citadel spokesperson, however, denied the claims in the Economic Times report.
The Adani Group continues to navigate its financial landscape amid global scrutiny, focusing on strategic refinancing to maintain stability and expansion.


FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development
Robinhood Expands Sports Event Contracts With Player Performance Wagers
Trump Sues BBC for Defamation Over Edited Capitol Riot Speech Clip
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate
California Jury Awards $40 Million in Johnson & Johnson Talc Cancer Lawsuit
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids
Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures
MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy
Fortescue Expands Copper Portfolio With Full Takeover of Alta Copper
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing
Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates
Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute 



