Future proposes to transfer 45% of its debt to Reliance - Economic Times

Against outstanding loans of ₹28,921 crore owed by the 19 companies involved in the deal as of January 31, 2022. Future Group has proposed to transfer ₹12,612 crore owed to lenders, and domestic and offshore bondholders to RIL.

Future Group has proposed that 45% of its debt will be transferred to the books of Reliance on the sale of assets but lenders are jittery since they havent yet received any assurance from the hyperma… [+4558 chars]

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