Brief: GTL Says Co Actively Exploring Options For Sale Of Debt To ARCs, Other Buyers
08/03/2018 13:29
March 8 (Reuters) - Gtl Ltd GTL.NS :
* WITH EXIT OF TATA TELESERVICES, LIKELY EXIT OF AIRCEL,
SIGNIFICANT SCALE DOWN OF GTL INFRA, THERE WOULD BE NEGATIVE
IMPACT ON CO'S BUSINESS
* SAYS CO EVALUATING OPTIONS TO SUBMIT REVISED ONE-TIME
SETTLEMENT
PROPOSAL UNDER RBI'S REVISED RESOLUTION FRAMEWORK
* SAYS CO ACTIVELY EXPLORING OPTIONS RELATING TO SALE OF
EXISTING
DEBT TO ASSET RECONSTRUCTION COMPANIES AND OTHER ELIGIBLE BUYERS
Source text - http://bit.ly/2HiAiRc
Further company coverage: GTL.NS
((Reuters.Briefs@thomsonreuters.com;))
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