Deutsche Bank offers to buy debt of Indian power producer at 70% discount

Deutsche Bank offers to buy debt of Indian power producer at 70% discount

A logo sits on display in front of the Deutsche Bank AG headquarters at dawn in Frankfurt, Germany. Photographer: Ralph Orlowski/Bloomberg

Deutsche Bank AG is offering to buy the debt of an Indian power producer at a discount of about 70%, according to people familiar with the matter, the second such proposal from the German lender in recent weeks.