The talks were called off after the creditors moved court, and accused the firm of hiding $500 million of funds raised, the people said, asking not to be named as the information is not public.
Lenders can now sell the term loan B securities of the firm as the restraint that came as part of the negotiations is lifted, they said.
Denne historien er fra June 02, 2023-utgaven av Mint Mumbai.
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Denne historien er fra June 02, 2023-utgaven av Mint Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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