Tag: Creditors


  • Adani Bid Wins: JAL Creditors Favor Prepayment Terms

    Adani Bid Wins: JAL Creditors Favor Prepayment Terms

    Overview: A strategic win for Adani over Vedanta Creditors of Jaiprakash Associates Limited (JAL) have unanimously selected Adani Enterprises’ bid over a higher-valued package from Vedanta, marking a rare case where prepayment terms and immediate liquidity outweighed total value. The decision by the lenders reflects a preference for stability, faster cash realization, and predictable returns…