Wednesday 20 March 2019

Jet Airways In Focus: Lenders To The Airline Will Look For Equity Infusion

Lenders to the airline will look for equity infusion from a new investor to replace Etihad, reported CNBC-TV18, quoting sources. The new investor is likely to be an investment fund.

Banks may initiate talks with few investment funds that conducted due diligence on the company. Also lenders are looking at option of asking Etihad, Naresh Goyal to pledge their shares.

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