India’s Jet Air Seeks Investor Approval to Swap Debt for Shares
A Jet Airways flight seen grounded in Mumbai, Maharashtra. (Source: BloombergQuint)

India’s Jet Air Seeks Investor Approval to Swap Debt for Shares

(Bloomberg) -- Jet Airways India Ltd. is seeking the approval of shareholders to convert loans into equity as the ailing carrier saddled with $1.1 billion of debt negotiates a rescue deal with its ...
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