SBI set to own 15% of Jet Airways after debt for equity swap: Reports http://bit.ly/2G5BOZK - Walletnews For Me

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Tuesday, January 29, 2019

SBI set to own 15% of Jet Airways after debt for equity swap: Reports http://bit.ly/2G5BOZK

Jet Airways said on Monday it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.
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