Jet Airways Lenders Lay Out Terms For Airline Bidding Process

www.oann.com | 3/26/2019 | Staff
vegdancer18 (Posted by) Level 3
SINGAPORE (Reuters) – Prospective bidders of struggling Jet Airways Ltd need to settle the airline’s existing debt obligations as part of any deal to take over the airline, Jet’s consortium of lenders, led by State Bank of India (SBI), said in a statement.

Jet’s lenders last month agreed to bail out the airline in a complex deal that involved...
(Excerpt) Read more at: www.oann.com
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