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Goswami lenders opt out of early pay on junk bond
Financial Express Bengaluru
|October 30, 2025
LARGE CREDITORS TO Goswami Infratech, India’s second biggest high-yield corporate rupee bond, do not plan to exercise an early redemption option at the end of December, sources said.
The lenience of large creditors, including Cerberus Capital Management, Varde Partners, Davidson Kempner Capital Management and Deutsche Bank, will give Goswami flexibility before it needs to make a call on refinancing its growing pile of high-cost debt, which matures in April. If finalised, the refinancing could be as much as ₹4,000 crore, sources said.
This story is from the October 30, 2025 edition of Financial Express Bengaluru.
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