How JSPL Man­aged to Pay Back 300 cr

The Economic Times - - Companies -

Jin­dal Steel and Power has man­aged to pay back its bond hold­ers, in­clud­ing ICICI Pru MF and Re­liance MF, ₹ 300 crore. But the debt-rid­den com­pany may have made this pos­si­ble through a “switch” as Jin­dal Power, its sub­sidiary, raised 210 cr via bond sales last week

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