Asia/Pacific

KINGFISHER ALLOTS SHARES TO LENDERS CONSORTIUM

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KINGFISHER ALLOTS SHARES TO LENDERS CONSORTIUM

The board of Kingfisher Airlines has alloted preferential shares to a consortium of lenders as part of its debt restructuring programme. The airline has allotted a total of 139.81 crore compulsorily redeemable preference shares (CRPS) of Rs. 10 face value and a coupon rate of 8% to the lenders'...

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