Jindal Steel and Power Ltd (JSPL) has agreed to allow lenders to its subsidiary Jindal Power Ltd to convert debt into equity in the event of a default, the company said in a statement on Monday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
