Kolkata|Mumbai: Vodafone Idea (Vi) has started fresh talks with key lenders, including State Bank of India, Punjab National Bank and HDFC Bank, to refinance ₹3,000-4,000 crore of loans, bankers familiar with the matter said.
Refinancing of some debt will help free up cash for Vi, which urgently needs to pay substantial vendor dues - to tower companies like Indus Towers and network equipment makers such as Ericsson and Nokia.
No comments:
Post a Comment