Jet Airways misses $ 109 million loan payment to HSBC https://ift.tt/2WHrz2Z - Walletnews For Me

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Monday, April 1, 2019

Jet Airways misses $ 109 million loan payment to HSBC https://ift.tt/2WHrz2Z

Troubled Jet Airways missed a $109 million loan repayment due to HSBC Bank this week, people with knowledge of the matter said. The money was due on March 28, and was part of a two-tranche facility totaling $140 million that the company took from HSBC in 2014, according to the people, who asked not to be identified because the details are private.
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