{"id":559059,"date":"2023-03-01T08:46:33","date_gmt":"2023-03-01T03:16:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=559059"},"modified":"2023-03-01T09:14:01","modified_gmt":"2023-03-01T03:44:01","slug":"spicejet-soars-6-as-board-okays-debt-restructuring-plan-worth-rs-2555-cr","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/spicejet-soars-6-as-board-okays-debt-restructuring-plan-worth-rs-2555-cr\/","title":{"rendered":"SpiceJet soars 6% as board okays debt restructuring plan worth Rs 2,555 cr"},"content":{"rendered":"<p>Shares of SpiceJet soared 6.3 per cent to a high of Rs 42.20 in Monday&#8217;s intra-day trade on the BSE after the low-budget airline&#8217;s board approved issuance of equity shares worth $29.5 million to Carlyle Aviation Partner, as part of the proposed restructuring plan.<\/p>\n<p>At 1 PM, the stock was up 3 per cent at Rs 40.90 on heavy volumes of around 18.36 lakh shares as against the two-week average traded volume of around 7.80 lakh shares on the BSE. Meanwhile, the S&amp;P BSE Sensex was down 0.6 per cent at 59,109.<\/p>\n<p>According to a release issued by the company to the BSE, SpiceJet will issue equity shares on a preferential basis to aircraft lessors such as Carlyle at minimum Rs 48 per share.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of SpiceJet soared 6.3 per cent to a high of Rs 42.20 in Monday&#8217;s intra-day trade on the BSE after the low-budget airline&#8217;s board approved issuance of equity shares worth $29.5 million to Carlyle Aviation Partner, as part of the proposed restructuring plan. At 1 PM, the stock was up 3 per cent at Rs 40.90 on heavy volumes of around 18.36 lakh shares as against the two-week average traded volume of around 7.80 lakh shares on the BSE. Meanwhile, the S&amp;P BSE Sensex was down 0.6 per cent at 59,109. According to a release issued by the company [&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":[135,167,130],"tags":[],"class_list":["post-559059","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/559059","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=559059"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/559059\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=559059"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=559059"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=559059"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}