{"id":595593,"date":"2023-08-03T10:31:10","date_gmt":"2023-08-03T05:01:10","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595593"},"modified":"2023-08-03T11:17:03","modified_gmt":"2023-08-03T05:47:03","slug":"lessor-carlyle-to-buy-5-9-stake-in-spicejet-at-55-premium-over-current-market-price","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lessor-carlyle-to-buy-5-9-stake-in-spicejet-at-55-premium-over-current-market-price\/","title":{"rendered":"Lessor Carlyle to buy 5.9% stake in SpiceJet at 55% premium over current market price"},"content":{"rendered":"<p>NEW DELHI: Budget carrier SpiceJet has sought shareholders\u2019 nod to issue 5.91% stake to Carlyle Aviation Partners at Rs 48 per share \u2014 against Wednesday afternoon price of about Rs 31 on BSE. This February, Carlyle, which is SpiceJet\u2019s biggest aircraft lessor, had decided to convert part of its dues to the airline into equity shares and compulsorily convertible debentures (CCDs).<\/p>\n<p>It plans to convert dues of over $8 million into equity in the airline. <\/p>\n<p>The airline\u2019s BSE filing shows it proposes to \u201cissue and allot up to over 4.8 crore equity shares with face value Rs 10 each of an aggregate nominal amount of up to Rs 48.1 crore to (nine) entities consequent upon conversion of their existing outstanding dues aggregating to an amount not exceeding (about) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Budget carrier SpiceJet has sought shareholders\u2019 nod to issue 5.91% stake to Carlyle Aviation Partners at Rs 48 per share \u2014 against Wednesday afternoon price of about Rs 31 on BSE. This February, Carlyle, which is SpiceJet\u2019s biggest aircraft lessor, had decided to convert part of its dues to the airline into equity shares and compulsorily convertible debentures (CCDs). It plans to convert dues of over $8 million into equity in the airline. The airline\u2019s BSE filing shows it proposes to \u201cissue and allot up to over 4.8 crore equity shares with face value Rs 10 each of [&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":[220,130,137],"tags":[],"class_list":["post-595593","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595593","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=595593"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595593\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595593"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595593"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595593"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}