Finance2h ago
SP Group seeks 3-6 months to repay Rs 3,500 crore bond
Shapoorji Pallonji Group is negotiating with lenders for a bond repayment extension. The group seeks three to six months to continue its debt refinancing plans. Proceeds from July financing were expected to cover the maturity. SP Group's dollar bond has gained in the secondary market recently. Investors are monitoring developments around the group's Tata Sons holding.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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