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Kingfisher appoints SBI Capital Markets for debt restructuring

14-May-2010 11:14 AM

Kingfisher Airlines announced the appointment of SBI Capital Markets to advise on restructuring the carrier’s debt of USD1.6 billion, ahead of the issue of a USD100 million global depository receipts (GDR) issue (The Economic Times, 14-May-2010). The carrier has debt across 15 banks (CNBC-TV18, 13-May-2010).