Crisis-hit Jet Airways may come out with a rights issue that could see the participation of promoter Naresh Goyal and Etihad.
The board of the full service carrier had approved a bank-led resolution plan (BLPRP) on Thursday to plug a funding gap of around Rs 8,500 crore.
While this includes equity infusion apart from debt restructuring and sale or sale & lease back of aircraft, the buzz is that the airline could come out with a rights issue for its existing shareholders.
The size of the proposed rights issue could be around Rs 4,000 crore and it could be offered at a discount to the current market price.
