{"id":283362,"date":"2019-07-20T05:30:02","date_gmt":"2019-07-20T05:30:02","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=283362"},"modified":"2019-07-20T05:30:02","modified_gmt":"2019-07-20T05:30:02","slug":"creditors-panel-approves-10-mn-interim-fund-for-jet-airways","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/creditors-panel-approves-10-mn-interim-fund-for-jet-airways\/","title":{"rendered":"Creditors\u2019 panel approves $10 mn interim fund for Jet Airways"},"content":{"rendered":"<p>MUMBAI: he Committee of Creditors (CoC) of Jet Airways (India) Ltd on Friday approved an interim funding of $10 million (about \u20b969 crore) for the airline, which will be used for the corporate insolvency resolution process, two people with direct knowledge of the matter said, requesting anonymity.<\/p>\n<p>During the past two days, the airline\u2019s CoC, led by the State Bank of India (SBI), also voted on other resolutions, including calling for bids for bankrupt Jet Airways\u2019 asset sale and admission of claims by creditors.<\/p>\n<p>\u201cThe CoC has today voted in favour of a $10 million interim debt infusion by bankers, which will help start the insolvency resolution process,&#8221; said the first person.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MUMBAI: he Committee of Creditors (CoC) of Jet Airways (India) Ltd on Friday approved an interim funding of $10 million (about \u20b969 crore) for the airline, which will be used for the corporate insolvency resolution process, two people with direct knowledge of the matter said, requesting anonymity. During the past two days, the airline\u2019s CoC, led by the State Bank of India (SBI), also voted on other resolutions, including calling for bids for bankrupt Jet Airways\u2019 asset sale and admission of claims by creditors. \u201cThe CoC has today voted in favour of a $10 million interim debt infusion by bankers, [&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-283362","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\/283362","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=283362"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/283362\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=283362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=283362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=283362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}