Jet Airways said on January 28 it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.SBI set to own 15% of Jet Airways after debt for equity swap: Reports
Jet Airways said on January 28 it would seek a shareholder nod next month to convert existing debt into equity, raise more money and allow its lenders to nominate a director on its board as part of efforts to resolve its financing problems.
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