Cash-strapped telecom infrastructure company, GTL Limited is likely to head for corporate debt restructuring (CDR) forum to rework its debt payment obligations. The proposed restructuring is likely to see an equity infusion of Rs 2,000 crore, said sources in the know.
Although no final decision was taken, GTL’s lenders are preparing the grounds to consider a proposal for a financial restructuring through CDR, said banking industry sources.
14085
22536
1899
3799
3419
5471
849
1600
629
919
199
299
278
998
98
120
5249
10499
4649
9299
527
742
4703
7525
399
799