{"id":388312,"date":"2020-12-07T12:06:50","date_gmt":"2020-12-07T06:36:50","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=388312"},"modified":"2020-12-07T12:50:34","modified_gmt":"2020-12-07T07:20:34","slug":"air-india-to-raise-another-rs-1000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-to-raise-another-rs-1000-crore\/","title":{"rendered":"Air India to raise another Rs 1,000 crore"},"content":{"rendered":"<p>Debt-laden Air India Ltd is set to raise about Rs 1,000 crore this week to complete a total fundraising of about Rs 6,150 crore in short-term loans from local lenders, said two people with direct knowledge of the matter.<\/p>\n<p>The fresh debt will be used to refinance comparatively pricier foreign currency bridge loans taken to purchase seven Boeing Co. 787 and 777 jetliners, the two people said, on condition of anonymity.<\/p>\n<p>\u201cThe airline has completed raising six of the seven tranches, with the last remaining tranche expected to be completed in the coming week,\u201d said one of the people cited above.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt-laden Air India Ltd is set to raise about Rs 1,000 crore this week to complete a total fundraising of about Rs 6,150 crore in short-term loans from local lenders, said two people with direct knowledge of the matter. The fresh debt will be used to refinance comparatively pricier foreign currency bridge loans taken to purchase seven Boeing Co. 787 and 777 jetliners, the two people said, on condition of anonymity. \u201cThe airline has completed raising six of the seven tranches, with the last remaining tranche expected to be completed in the coming week,\u201d said one of the people cited [&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":[184,141,130],"tags":[],"class_list":["post-388312","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-hindustantimes","category-hindustantimes","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388312","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=388312"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/388312\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=388312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=388312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=388312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}