<p>India's embattled <a href="https://www.deccanherald.com/tag/adani-group" target="_blank">Adani Group</a> is in talks with lenders to repay a $500-million (Rs 4,143.77 crore) bridge loan facility it had taken to buy controlling stakes in cement companies ACC Ltd and <a href="https://www.deccanherald.com/tag/ambuja-cements" target="_blank">Ambuja Cements</a> Ltd last year, the <em>Economic Times</em> reported on Wednesday.</p>.<p>The group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25-billion (Rs 43,516.46 crore) financing package.</p>.<p>The report comes a day after the group said its companies face no material refinancing risk or near-term liquidity issues, in its latest attempt to calm investors spooked by a US short-seller's critical report on its business practices.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/national/national-politics/nothing-to-hide-amit-shah-on-congresss-allegations-of-bjp-favouring-adani-1191016.html" target="_blank">Nothing to hide: Amit Shah on Congress's allegations of BJP 'favouring' Adani</a></strong></p>.<p>The loan was underwritten by Barclays, Deutsche Bank and Standard Chartered, ET reported.</p>.<p>The financial consortium lending to Adani also includes DBS, MUFG, Sumitomo Mitsui Banking Corp, First Abu Dhabi Bank, Intesa and Mizuho, the report said.</p>.<p>Adani and the lenders did not immediately respond to Reuters' requests for comment.</p>
<p>India's embattled <a href="https://www.deccanherald.com/tag/adani-group" target="_blank">Adani Group</a> is in talks with lenders to repay a $500-million (Rs 4,143.77 crore) bridge loan facility it had taken to buy controlling stakes in cement companies ACC Ltd and <a href="https://www.deccanherald.com/tag/ambuja-cements" target="_blank">Ambuja Cements</a> Ltd last year, the <em>Economic Times</em> reported on Wednesday.</p>.<p>The group is looking to repay the bridge loan with cash this month, the report said, citing people aware of the matter, adding that the loan had a tenor of six months and was part of a larger $5.25-billion (Rs 43,516.46 crore) financing package.</p>.<p>The report comes a day after the group said its companies face no material refinancing risk or near-term liquidity issues, in its latest attempt to calm investors spooked by a US short-seller's critical report on its business practices.</p>.<p><strong>Read | <a href="https://www.deccanherald.com/national/national-politics/nothing-to-hide-amit-shah-on-congresss-allegations-of-bjp-favouring-adani-1191016.html" target="_blank">Nothing to hide: Amit Shah on Congress's allegations of BJP 'favouring' Adani</a></strong></p>.<p>The loan was underwritten by Barclays, Deutsche Bank and Standard Chartered, ET reported.</p>.<p>The financial consortium lending to Adani also includes DBS, MUFG, Sumitomo Mitsui Banking Corp, First Abu Dhabi Bank, Intesa and Mizuho, the report said.</p>.<p>Adani and the lenders did not immediately respond to Reuters' requests for comment.</p>