Tag Archives: Lenders

R-Infra Creditors ink agreement to implement resolution plan in 6 months

MUMBAI | AHMEDABAD-GANDHINAGAR | RAJKOT – In a press release submitted to the Indian Bourses, Anil Dhirubhai Ambani Group’s (ADAG) Infra arm Reliance Infrastructure Ltd said of 16 lenders to the company having inked inter-creditor agreement, for the resolution of the company’s debt, vide which the resolution plan of the company shall be implemented in

ADAG led RComm urgently approves release of Rs.2.6 bln to Ericsson

MUMBAI | RAJKOT – In a press release submitted to the Indian Bourses, Reliance Communications group has requested urgent approval from its lenders to release approx. Rs.260 crore (2.6 billion) received from Income Tax refunds, lying in its bank account, directly to Ericsson. A sum of Rs.118 crore (1.18 billion) has already been deposited with