Tuesday, 29 January 2019

SBI Set to Own 15 percent of Jet Airways After Debt for Equity Swap: Report

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.

from Top Business News- News18.com http://bit.ly/2RmNWHZ
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