India’s Adani Group plans to prepay or repay share-backed loans value $690 million to $790 million by March-end, two individuals with information of the matter instructed Reuters, because the conglomerate seeks to burnish its credit score profile after a short-seller assault.

The plan comes even because the group holds a fixed-income roadshow this week in Singapore and Hong Kong to shore up investor confidence amid share worth falls and a regulatory probe.

Adani Green Energy additionally plans to refinance its 2024 bonds through an $800 million, three-year credit score line, mentioned the individuals, who declined to be recognized as they weren’t licensed to talk with media.

The group introduced each plans to bondholders in Hong Kong on Tuesday, the individuals mentioned. The three-day roadshow is scheduled to finish on Wednesday.

An Adani group spokesperson didn’t instantly reply to a request for remark. Chief Financial Officer Jugeshinder Singh instructed Bloomberg News the group shouldn’t be trying to refinance debt or elevate capital.

Seven listed Adani group firms have misplaced greater than $140 billion in market worth since a Jan. 24 report by Hindenburg Research alleged inventory manipulation and improper use of tax havens, and flagged issues over debt ranges.

Adani has rejected the allegations and denied wrongdoing.

Shares of flagship Adani Enterprises have been up 7.8% in morning commerce, whereas Adani Green Energy was up 3.75%.