Lenders Raise Concerns Over Reliance Capital's Rs 7,300 Cr Debt Term Sheet Offered by IIHL
Sunday, 25 August 2024, 05:57
Lenders Express Concerns
Lenders to Reliance Capital have raised concerns regarding the term sheet provided for the Rs 7,300 crore debt offered by IIHL. This concern arises as the debt-ridden company seeks to navigate its financial challenges.
Financial Strategy and Implications
IIHL has appointed 360 One and Barclays to help raise the needed funds. Observers argue that these financial maneuvers may impact the overall market stability.
- Debt Management is crucial for Reliance Capital's recovery.
- Investors should pay attention to this scenario.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.