17-May-2012 8:26 AM
India Ministry of Civil Aviation: Loan to Re-Finance Aircraft
Direct News Source
16-May-2012 Shri Ajit Singh, the Minister of Civil Aviation informed Lok Sabha today in a written reply that the re-financing of new 21 A-320 family aircraft has already been completed on 27.9.2011. The re-financing was through issuance of Rated, Unsecured, Taxable, Redeemable, Government of India Guaranteed Non-Convertible Debentures (NCDs) aggregating to Rs 5,500 crores on 27.9.2011.
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