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Goswami Infratech, part of the Shapoorji Pallonji Group, has secured agreement from global private credit lenders to defer part of a Rs 14,300 crore ($1.7 billion) bond repayment. This move, facilitated by high-yield investors like Cerberus and Varde Partners, aims to support the company's expansion plans while allowing investors to continue earning interest on the remaining amount.
Cerberus Capital Management LP
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Shapoorji Pallonji Group Secures Debt Repayment Deferral from Global Investors
Indian Rupee
Cerberus Capital Management LP
Davidson Kempner Capital Management LP
Varde Partners LP
IND
Gopalkrishnan
Shapoor Mistry
Dhiraj Singh
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03:50 05.12.2024
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