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Future Retail seeks lenders' nod to pay foreign bonds' dues

Future Retail has approached lenders with a plea to allow it to make interest payments of about $ 14 mn on the foreign currency denominated bonds

Future Group
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BS Reporter
Future Retail has approached lenders with a plea to allow it to make interest payments of about $ 14 mn on the foreign currency denominated bonds. 

It has already missed repayment due last month and the 30-grace period ends early next week. 

A senior bank executive said the firm is going around with lenders seeking their approval to make interest payment.

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First Published: Feb 17 2022 | 11:31 PM IST

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