Adanis to pay $18M to settle SEC bribery case, DOJ drops charges, clearing path to dollar bond markets
Gautam and Sagar Adani will pay a combined $18M ($6M and $12M) to settle SEC disclosure allegations tied to Adani Green, with DOJ dropping parallel charges. Resolution unlocks a $750M bond pipeline and $100B digital infrastructure push spanning energy, airports and data centers. Adani Green 2042s rallied to 98.3.
Gautam and Sagar Adani agreed to pay $18 million to settle SEC bribery-disclosure allegations tied to Adani Green; DOJ is dropping parallel charges, clearing the conglomerate to resume dollar bond fundraising for energy, airports and data center expansion.
Why this matters
Caps a multi-week de-escalation: prior signals flagged the US set to drop bribery charges and a near SEC civil settlement, then a $6M settlement framing. Today's $18M deal formalizes the path back to dollar bond markets.
Retail-company signals steady at 283 over the last 90 days.