Wednesday, February 23, 2022

Future Retail Ltd lenders add rider for inter-creditor pact

Banks are of the view that if they do sign an ICA without a plan in hand, it would tie them to a single option - implement a debt restructuring plan. However, if they don't sign the ICA, there will be multiple recovery options before them.

from Economy-News-Economic Times https://ift.tt/F3Le7G8
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