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Where does Gautam Adani Go From Here? Part 1

The Morning Brief

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Capital Raise

I think the $2.5 billion was seen for what it was, which was a capital raise amongst friends and family. I wouldn't call it preferential because many of those investors were then facing quite serious losses on that new investment they would be making. The debt markets started panicking when organizations like Credit Suisse, Citi stopped accepting their bonds as collateral.

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