Restructuring: Bringing Bondholders On Board – Economic Times

Restructuring: Bringing Bondholders On Board – Economic Times

Bankers are right to fear that the lack of clear rules to bind bondholders to the debt restructuring program will disrupt debt restructuring plans. Although the banking regulator has said that debt restructuring should apply to all financial creditors, its guidelines are not binding on entities such as mutual funds, insurers and other large investors […]

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