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Shapoorji Seeks Bond Payment Delay as Tata Listing Takes Shape
Source: Bloomberg
Credit & Bond MarketsCompany FundamentalsBanking & Liquidity
India's Shapoorji Pallonji Group is negotiating with lenders to extend a bond payment due at the end of September at one of its units. The talks signal near-term refinancing and liquidity pressure for the conglomerate, which previously completed India's largest private credit deal.
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