Adani Group Nears $250M Offshore Loan Deal with MUFG, Marking Japan’s Strategic Financial Play in Indian Infrastructure

The Adani Group is in advanced talks to secure $250 million in offshore loans from Japan’s Mitsubishi UFJ Financial Group (MUFG), marking MUFG’s first bilateral loan with the conglomerate since U.S. authorities indicted Adani Group chairman Gautam Adani in a bribery case last November. According to sources, Adani Ports and Special Economic Zone Ltd is poised to raise around $100 million, while Adani Airport Holdings Ltd is set to secure approximately $150 million. The deal with Adani Ports could be finalized as early as this week. Additionally, both entities are in discussions with other Japanese lenders for further funding. This development follows Adani Ports' recent $150 million bilateral loan from Singapore’s DBS Group Holdings in May. Neither Adani Group nor MUFG have publicly commented on the ongoing negotiations. The move underscores Adani Group’s continued push for international financing amid global scrutiny and its efforts to expand its infrastructure footprint.