Business Headlines: What do the Chinese want from a bankrupt RCom?

Chinese lenders to the bankrupt RCom are in the midst of negotiations with US based distress asset investors to sell their loan exposures. Chinese banks have the maximum exposure to the insolvent telecom company totalling 30% of total claims admitted. State owned carrier Air India is all set to hit the bond market to raise 22,000 crore ₹ which would qualify as its highest ever fundraising activity in an attempt restructure its balance sheet before being put up for sale. #Reliance #RCOM #AnilAmbani

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