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After Reliance Communications, Tata Teleservices seeks debt recast from lenders

After Reliance Communications, Tata Teleservices seeks debt recast from lenders

Sat, Jun 24, 2017

Tata Teleservices has approached a lender consortium to work out debt restructuring and fresh loan request. The company’s request for debt restructure makes it the second telecom operator to seek this recast.

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HCC becomes first company to go for debt restructuring under S4A scheme

HCC becomes first company to go for debt restructuring under S4A scheme

Fri, Dec 02, 2016

It said, “The board has approved issuance of nearly 25.20 crore equity shares of HCC – which represents 24.44% of the expanded share capital of the company, along with optionally convertible debentures (OCDs) not exceeding Rs 2000 crore on preferential basis to the lenders.”

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