by Amruth Sundarkumar | Jun 30, 2021 | Distressed / Defaulted Bonds, India
Bondholders of Jain Irrigation’s $200mn 7.125% 2022s approved a restructuring proposal to exchange the old bonds for either new bonds at par or redeem them for cash at a steep discount of $260 for every $1,000 in principal. Creditors who provide a new loan will also...
