January 17, 2019 / 4:40 AM / a month ago

India's SBI says lenders discuss Jet Airways' restructuring plan

Jan 17 (Reuters) - State Bank of India said on Thursday lenders of Jet Airways Ltd were considering a restructuring plan for the debt-laden carrier.

Jet said on Wednesday a resolution plan, currently being discussed with stakeholders, contemplates options on the debt-equity mix, proportion of equity infusion by stakeholders and change in the airline’s board. (Reporting by Tanvi Mehta in Bengaluru; Editing by Gopakumar Warrier)

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