Debt Relief For Jaypee Group

 
  • Mar 03 2014
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March 3: Debt-laden Jaypee Group is firming up another big asset sale, with Abu Dhabi-based TAQA-led consortium agreeing to buy two hydro power assets from the Indian infra major. The consortium will make an equity investment of $616 million and assume the company’s debt. We tell you the main partners in this deal and how it is organized.



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