March 8, 2018 / 1:30 PM / 3 months ago

BRIEF-GTL Says Co Actively Exploring Options For Sale Of Debt To ARCs, Other Buyers

March 8 (Reuters) - Gtl Ltd:

* WITH EXIT OF TATA TELESERVICES, LIKELY EXIT OF AIRCEL, SIGNIFICANT SCALE DOWN OF GTL INFRA, THERE WOULD BE NEGATIVE IMPACT ON CO’S BUSINESS

* SAYS CO EVALUATING OPTIONS TO SUBMIT REVISED ONE-TIME SETTLEMENT PROPOSAL UNDER RBI’S REVISED RESOLUTION FRAMEWORK

* SAYS CO ACTIVELY EXPLORING OPTIONS RELATING TO SALE OF EXISTING DEBT TO ASSET RECONSTRUCTION COMPANIES AND OTHER ELIGIBLE BUYERS Source text - bit.ly/2HiAiRc Further company coverage:

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