Lanco Infra’s Rs.7,000 Cr CDR Package
  • Elizabeth George
  • Dec 26 2013

December 26: Earlier this month, 27 banks signed off on Lanco Infrastructure's corporate debt restructuring package. Now, Bloomberg TV India exclusively learns that the company proposes to divest its power assets in the 2016-2020 period to raise cash as part of the CDR. We discuss the details of the CDR, which will help the company with its total outstanding debt is Rs.8,000 crore.