BlackRock owns one-third of Adani’s $750 million bond offering Theindiaprint  |  11/04/2025 14:27:16

The main subscribers to the Adani Group’s $750 million private bond offering were funds run by the multinational financial giant BlackRock.

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A third of the $750 million issue, which has a duration of three to five years, has been taken up by the US-based asset management, which is in charge of $12 trillion in assets, according to people with direct knowledge of the situation.

Adani Group personnel are now under investigation after being indicted in a bribery case by the US Department of Justice (DOJ) in November of last year. With this step, BlackRock makes its first private placement in the infrastructure sector of India, a market in which the company is becoming more optimistic.

“As several structural changes reshape the global economy, infrastructure is one of the most exciting long-term investment opportunities,” said Larry Fink, chairman of BlackRock.

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