Spicejet plans to raise over Rs 3,200 cr via debt, equity
SpiceJet plans to raise over Rs 3,200 crore through a mix of debt and equity instruments, including a Rs 2,500 crore Qualified Institutional Placement (QIP) and Rs 736 crore through warrants and promoter infusion. The funds will support fleet ungrounding, liability settlement, and new fleet induction.
SpiceJet to raise Rs 3,200 crore through Debt and Equity instruments; Image | Pixabay