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SREI Group’s Lenders Explore Debt Restructuring Options
Lenders to SREI Group weigh options, including change in ownership, as they work on restructuring the company’s debt.
02 Mar 2021, 01:06 PM IST
Lenders to SREI Infrastructure Finance Ltd. and SREI Equipment Finance Ltd. have set the debt restructuring process in motion by hiring forensic auditors and discussing potential solutions to the stress across the group’s entities.According to two people with direct knowledge of the developments, lenders led by public sector UCO Bank and State Bank of India are considering a few options to restructure the debt of SREI Infrastructure....
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