Kingfisher Airlines is not looking at more debt conversions from banks, though it has still optional convertible debt worth Rs 700 crore, Ravi Nedungadi, group president and CFO, Kingfisher Airlines told CNBC TV18. Its total debt currently stands at Rs 6,200 crore.
The company is looking to raise around Rs 1,125Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!