SpiceJet: Carlyle Aviation Partners agrees to convert SpiceJet’s debt into equity at Rs 100/share
Low cost carrier SpiceJet has said that Carlyle Aviation Partners — the aircraft financing unit of global private equity giant Carlyle Group — will convert a portion of their debt into equity. The agreement allows restructuring of certain aircraft lease obligations of SpiceJet aggregating to $137.68 million which upon settlement/waivers will be adjusted to $97.51 … Read more
