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https://indianexpress.com/article/explained/everyday-explainers/explained-fitch-says-adani-is-over-leveraged-what-does-over-leveraging-mean-in-business/
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Adani Group is 'deeply over leveraged' — what does this mean? - The Indian Express
8/23/22 at 11:59pm
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The Indian Express
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Explained Desk
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52 words
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Business & Industrial
Finance
Adani
The Indian Express
CreditSights
Bloomberg
The Adani Group is “deeply over leveraged”, and may, “in the worst-case scenario”, spiral into a debt trap and possibly a default, Bloomberg, quoting CreditSights, has reported. When is a company ‘over leveraged’? What can happen to it?
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