Spicejet - infusion of USD100 million in the company
12-Aug-2008 |
Airline Code [SEG]
View More SpiceJet News
Spicejet Ltd has informed BSE that the Company, its shareholders RHSL, Istithmar and Ajay Singh and Goldman Sachs, in its capacity as a bondholder of the Company, on 11-Aug-08 have entered into definitive agreements with WL Ross and Co. LLC.
This will result in infusion of approximately USD100 million in the Company for its business requirements.
Furthermore, Goldman Sachs has agreed to subscribe to equity warrants of the Company under the preferential issue guidelines of SEBI subject to receipt of requisite approvals
(c) Centre for Asia Pacific Aviation. Date posted: 12-Aug-08
In-depth analysis of the Indian airline and airport sectors, including latest traffic and financial reports and outlooks, is available each month in the Monthly Essential India.
|
Other SpiceJet News |
Spicejet - infusion of USD100 million in the company 
