The Economic Times
English EditionEnglish Editionहिन्दी
| E-Paper
Search
+

Lenders hope their loans will be repaid in full after Reliance-Future Group deal

Lenders hope their loans will be repaid in full after Reliance-Future Group deal
Lenders hope their loans will be repaid in full after Reliance-Future Group deal
Reliance Retail Ventures Limited (RRVL) a subsidiary of Reliance Industries on Saturday said it is acquiring the retail, wholesale, logistics & warehousing businesses of the Future Group.

Synopsis

Bankers said that the details provided so far in regulatory disclosures and public statements do not detail how the debt would be split between the two groups, though lenders say that the value of debt realization post the deal would be bigger than without it.

Lenders to the Future Group are keeping their fingers crossed on what is in store for them in the Reliance – Future Group deal and are hoping that their debt would be paid in full after the division of businesses between the two with the sale of retail, wholesale, logistics and warehousing businesses to the conglomerate.Bankers said that the details provided so far in regulatory disclosures and public statements do not detail how the debt would
Share This Article
  • GIFT ARTICLE
  • FONT SIZE
  • SAVE
  • COMMENT

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Why ?

  • Sharp Insight-rich, Indepth stories across 20+ sectors

  • Access the exclusive Economic Times stories, Editorial and Expert opinion

  • Clean experience with
    Minimal Ads
  • Comment & Engage with ET Prime community
  • Exclusive invites to Virtual Events with Industry Leaders
  • A trusted team of Journalists & Analysts who can best filter signal from noise
The Economic Times