Adani Ports Secures $150M Loan from DBS Amid Lender Confidence Revival
In a key move to regain international lender trust, Adani Ports & Special Economic Zone has locked in a $150 million bilateral loan with Singapore-based DBS Group. The four-year facility is the conglomerate’s first direct funding deal with a global bank since facing a US DOJ indictment last year.
Strategic Bilateral Deal with DBS Group Signals Rebound
The deal marks a turning point for the Gautam Adani-led infrastructure group, which has faced intense scrutiny since being indicted by the US Department of Justice in late 2024 over an alleged bribery case. The loan signals renewed confidence from international creditors, according to people close to the matter.
Loan Structure, Pricing & Capital Deployment Plan
SOFR Benchmark and Hedged Rate Explained
The four-year facility is priced at around 200 basis points above the benchmark Secured Overnight Financing Rate (SOFR). With hedging, the total interest cost is estimated at approximately 5.5%—a competitive rate given the group’s recent reputational challenges.
Four-Year Tenure Targeted at Capex Requirements
Proceeds from the facility will be used to fund capital expenditures across Adani Ports’ SEZ developments. The transaction reflects a cautiously optimistic shift in lender sentiment toward the group’s infrastructure assets and growth plans.
Adani Group’s Recent Financing Activity
Bond Deal, Airport Loan Talks, and Foreign Investor Interest
Just last month, Adani raised $750 million via offshore private bonds, with BlackRock subscribing to nearly a third of the issuance. In parallel, the group is negotiating a $750 million loan for its airport vertical with Barclays, First Abu Dhabi Bank, and Standard Chartered.
DOJ Indictment, Diplomatic Engagement & Legal Outlook
Bloomberg reports suggest Adani representatives have recently met US officials to discuss the possibility of resolving or dismissing the criminal charges stemming from the DOJ’s bribery investigation. While the legal proceedings remain unresolved, the group’s ability to attract global capital indicates that investor confidence may be stabilising.
Global Lending Channels Reopen for Adani Group
With DBS stepping up, Adani Ports appears to be opening a new chapter—one focused on rebuilding trust, securing capital for expansion, and regaining its financial credibility on the world stage. Whether this marks the beginning of broader lender re-engagement remains to be seen, but the signal is clear: global money is watching—and cautiously returning.