Talace seeking Rs 23,000 crore loan from Air India lenders - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Talace seeking Rs 23,000 crore loan from Air India lenders

"Almost all existing lenders of Air India want to give Tata loans, particularly in the absence of credit growth, but pricing is a hurdle that they need to overcome," said an executive at one of the lenders. The new debt will replace the earlier credit raised by Air India at 9-10%, the people said.

from Industry-Economic Times
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