India's SpiceJet to raise $300m fresh capital, restructures dues to Carlyle Aviation

India's SpiceJet to raise $300m fresh capital, restructures dues to Carlyle Aviation

Visual from SpiceJet website

India’s SpiceJet Ltd said on Monday that it will convert around $100 million in dues to an aircraft lessor into equity and debentures and raise fresh capital of $300 million, sending the shares up as much as 6%.