{"id":459237,"date":"2021-12-30T10:11:22","date_gmt":"2021-12-30T04:41:22","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=459237"},"modified":"2021-12-30T10:46:38","modified_gmt":"2021-12-30T05:16:38","slug":"air-india-lenders-offer-rs-35000-crore-in-loan-to-tata-promoted-talace","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/air-india-lenders-offer-rs-35000-crore-in-loan-to-tata-promoted-talace\/","title":{"rendered":"Air India lenders offer Rs 35,000 crore in loan to Tata-promoted Talace"},"content":{"rendered":"<p>Lenders to Air India have offered to extend more than Rs 35,000 crore to the Tatas at a weighted-average yield of 4.25% &#8211; the rate at which the sovereign borrows for a year, said people aware of the matter.<\/p>\n<p>Tata Sons-promoted Talace, which will be taking over Air India following privatisation, had invited bids for a one-year general purpose loan of \u20b923,000 crore from the airline&#8217;s existing lenders.<\/p>\n<p>Special Resolution <\/p>\n<p>This includes \u20b918,000 crore for taking over Air India&#8217;s debt and an additional \u20b95,000 crore for initial operating costs, as reported previously. Talace had been declared the successful bidder for Air India in October.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lenders to Air India have offered to extend more than Rs 35,000 crore to the Tatas at a weighted-average yield of 4.25% &#8211; the rate at which the sovereign borrows for a year, said people aware of the matter. Tata Sons-promoted Talace, which will be taking over Air India following privatisation, had invited bids for a one-year general purpose loan of \u20b923,000 crore from the airline&#8217;s existing lenders. Special Resolution This includes \u20b918,000 crore for taking over Air India&#8217;s debt and an additional \u20b95,000 crore for initial operating costs, as reported previously. Talace had been declared the successful bidder for [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-459237","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459237","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=459237"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/459237\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=459237"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=459237"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=459237"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}