{"id":259213,"date":"2019-02-16T05:19:59","date_gmt":"2019-02-16T05:19:59","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=259213"},"modified":"2019-02-16T05:19:59","modified_gmt":"2019-02-16T05:19:59","slug":"jet-airways-seeks-to-raise-840-million-from-share-sale-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/jet-airways-seeks-to-raise-840-million-from-share-sale-report\/","title":{"rendered":"Jet Airways seeks to raise $840 million from share sale: Report"},"content":{"rendered":"<p>BENGALURU: Jet Airways Ltd plans to raise about $840 million from a government fund and a rights issue, Business Television India said, a day after the company&#8217;s board approved a deal for some lenders to infuse funds and restructure debt.<\/p>\n<p>National Investment and Infrastructure Fund will funnel \u20b91,500 crore ($210 million) into the debt-laden carrier for a 20% stake and Jet may propose to raise \u20b94,500 crore via a rights issue priced at \u20b9125-150 per share, Business Television India reported, citing sources.<\/p>\n<p>Jet said on Thursday its board had approved a rescue deal that will make its lenders its largest shareholders and fix a near \u20b98,500 crore ($1.2 billion) funding gap.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Jet Airways Ltd plans to raise about $840 million from a government fund and a rights issue, Business Television India said, a day after the company&#8217;s board approved a deal for some lenders to infuse funds and restructure debt. National Investment and Infrastructure Fund will funnel \u20b91,500 crore ($210 million) into the debt-laden carrier for a 20% stake and Jet may propose to raise \u20b94,500 crore via a rights issue priced at \u20b9125-150 per share, Business Television India reported, citing sources. Jet said on Thursday its board had approved a rescue deal that will make its lenders its largest [&hellip;]<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[188,139,130],"tags":[],"class_list":["post-259213","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/259213","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=259213"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/259213\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=259213"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=259213"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=259213"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}