Mistrys: Mistrys go fund shopping to pay off expensive bonds

Mistrys: Mistrys go fund shopping to pay off expensive bonds

New Delhi: The Mistry family, promoters of Shapoorji Pallonji (SP) Group, is looking to raise ₹15,000 crore in five-year loans against cash flows in their real estate business to replace high-cost debt, according to people with knowledge of the matter. The funds will be used to redeem bonds issued three years ago that have onerous … Read more