Investors and banks must
deny debt to Adani.

Why can’t investors and banks spot the risks at Adani?

Adani’s coal expansion is being increasingly funded by global bond investors, with Adani now the largest Indian issuer of foreign denominated bonds with more than $8bn USD bonds presently outstanding. The Adani Group aims to raise an additional $10bn of debt this year, primarily via bonds. It’s inconceivable that major Adani bondholders and underwriters would touch this debt.

The #StopAdani movement, frontline Indigenous communities, and environmental and human rights advocates have been warning about Adani’s dodgy corporate behaviour for years, and have been calling on financial institutions to steer clear of Adani due to their coal expansion, climate change escalation and violation of human rights.