<ul><li>Funds managed by BlackRock, the global investment behemoth, emerged as the largest subscribers of the $750-million private bond issuance by the Adani Group.</li><li>BlackRock invested over $250 million, accounting for roughly one-third of the total issue.</li><li>Adani Group officials are under scrutiny following a US Department of Justice indictment in a bribery case.</li><li>BlackRock's move marks its first private placement in India's infrastructure sector.</li></ul>

BlackRock Emerges As Largest Investor In Adani’s $750 Million Bond Issue

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