Jaiprakash Associates intends to restructure corporate bonds valued at $120 million, marking a strategic move amid efforts to alleviate its substantial debt burden. Over recent years, the company has pursued the sale of its cement plants as part of a broader strategy to mitigate debt challenges. This restructuring initiative underscores the company’s ongoing commitment to financial stability and viability in the market.
Jaiprakash Associates Set to Restructure $120 Million in Bonds
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