SBI-led consortium eyes debt-equity deal as Jet Airways rescue talks enter final stage

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SBI-led consortium eyes debt-equity deal as Jet Airways rescue talks enter final stage
SBI-led consortium eyes debt-equity deal as Jet Airways rescue talks enter final stage

A lenders' consortium may become the largest shareholding group in debt-laden private carrier Jet Airways even as a clarification from the airline failed to steady the shares, media reports say. Talks between the lenders and the airline have entered the final stage, sources say, indicating that the consortium may hold as much as 40 per cent of the airline's equity. The company led by Naresh Goyal, meanwhile, issued a statement to clarify that there had been no proposal from foreign partner Etiha...

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Tags:
Jet Airways
Etihad Airways
Naresh Goyal
Aviation
State Bank of India (SBI)
Securities and Exchange Board of