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The transaction takes AdaniConneX's construction financing pool to USD 1.65 billion, building on the maiden construction facility of USD 213 million executed in June 2023
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The six-year loan, negotiated with a consortium of eight international banks including prominent names like MUFG Bank, Sumitomo Mitsui Banking Corp (SMBC), and Standard Chartered Bank, is expected to be finalised early this week
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The top movers are Adani Enterprises and Adani Ports after Adani conglomerate increases its stake in these two group companies
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