14-May-2010 11:14 AM

Kingfisher appoints SBI Capital Markets for debt restructuring

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).

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More