UPDATE 1-India’s DHFL assures lenders of no haircuts under resolution plan
India’s debt-laden shadow bank
Dewan Housing Finance Corporation Ltd (DHFL) on
Tuesday said its creditors would not have to take any haircuts
on principal payments under its resolution plan, sending shares
up as much as 10%.
Dewan Housing Finance Corporation Ltd (DHFL) on
Tuesday said its creditors would not have to take any haircuts
on principal payments under its resolution plan, sending shares
up as much as 10%.
Posted by Reuters