Sky One offers more money ahead of the bid review on Friday

The move has come before a likely meeting on Friday (March 22) when the lenders will review the bids on the table, according to a source.According to a person in the know, Sky One is now offering lenders ₹750 crore, compared to ₹410 crore earlier. The bidder has also already offered to pay lenders 25% of the amount received from the settlement in the Pratt and Whitney case. Jaideep Mirchandani, Chairman of Sky OneCNBC-TV18 previously reported that GoFirst has received two bids for the…
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Source: https://www.cnbctv18.com/aviation/go-first-airline-sale-sky-one-offers-more-before-friday-bids-review-19321241.htm/amp