Business News
Home > Business News
Jet delays ECB repayment due to liquidity constraints
TIWN
TIWN

PHOTO : TIWN
Mumbai, March 29 (IANS) Financially troubled Jet Airways on Thursday said that the repayment of the External Commercial Borrowing (ECB) availed by the company for working capital purposes has been delayed.
In a regulatory filing to the BSE, Jet Airways said: "This is to inform you that the repayment of the External Commercial Borrowing, availed by the company for working capital purposes, falling due on 28 March 2019, has been delayed owing to temporary liquidity constraints..."
The airline said it has engaged with lender in relation to the issue.
Add your Comment
Comments (0)
More Business News
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
- India’s credit rating upgrade to boost investors’ confidence, drive foreign capital inflows
- Centre to update WPI, IIP; announces launch of new Producer Price Index
- S&P Rating's growth projection for India is no surprise: SBI Research