11 Jet lenders could see a major haircut to their exposure
- Etihad Airways has asked Jet’s lenders to take an 80% haircut on their debt to the airline for it to make a bid
- Jet Airways owes the 11 banks, including nine Indian banks, about ₹11,261 crore, the person said
Etihad Airways PJSC has asked lenders to Jet Airways (India) Ltd to take an 80% haircut on their debt to the grounded airline for the Abu Dhabi-based carrier to make a bid, a person directly aware of the matter said.
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