IndiGo opts to raise funds via SLB route
- The board of directors of IndiGo had in August last year approved raising up to ₹4,000 crore through QIP transaction
- IndiGo is one of the pioneers of sale and lease back (SLB) transactions in Indian aviation industry
India’s largest domestic airline IndiGo has scotched plans to raise funds through a qualified institutional placement (QIP), opting instead to raise money through sale and lease back (SLB) transactions and other alternative options.
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