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Wednesday, August 18, 2021

Vodafone Idea lenders demand additional collateral on existing loans

“Lenders are worried over the recent ratings downgrade of the telco and are seeking changes in loan covenants with higher interest rates and top up on margin money and security against existing facilities,” said a bank official who did not want to be named.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3k3pITu

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