Coffee Day Enterprises to clear all due debt of Rs 4,970 crore

Coffee Day Enterprises Ltd (CDEL) said on Saturday that total debt of the Coffee Day Group stands at Rs 4,970 crore and all obligations to the lenders will be honoured. The debt position of Coffee Day Group (excluding Sical Logistics and Magnasoft Consulting) post repayment of debt out of proceeds from the sale of Global Village Tech Park is expected to be around Rs 1,000 crore in the next 45 days.

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