Jet Airways' shareholders approve debt-for-equity swap https://ift.tt/2E9Vqcr - Walletnews For Me

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    Saturday, February 23, 2019

    Home Business News: Latest News on Business Financial News India Business & World Business News Stock Markets Jet Airways' shareholders approve debt-for-equity swap https://ift.tt/2E9Vqcr

    Jet Airways' shareholders approve debt-for-equity swap https://ift.tt/2E9Vqcr

    Jet's board last week approved a plan by lenders, led by State Bank of India, for an equity infusion, debt restructuring and the sale or sale-and-lease-back of aircraft. The plan will mean the lenders will have a bigger holding than any other shareholder.
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