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MC Exclusive: SP group offers to pay Rs 400 cr extra to bond holders

MC Exclusive: SP group offers to pay Rs 400 cr extra to bond holders
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

Shapoorji Pallonji Group taps Power Finance Corp for $1 2 billion loan

Discussions on refinancing the group’s loans with state-run PFC have been on for weeks, but the lender has not yet decided on extending the loan. The SP Group pledged its 18% stake in Tata Sons, the holding company of the conglomerate, as security for the original loan.

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