India's SpiceJet repays $24 million in dues to Credit Suisse

Spicejet

08/09/2025 09:45

Sept 8 (Reuters) - India's low-cost carrier SpiceJet SPJT.BO said on Monday that it has fully repaid $24 million to UBS UBSG.S-owned Credit Suisse, fulfilling the terms of the settlement agreement signed in May 2022.

The companies have been engaged in a legal dispute since 2015 over the bank's claim of unpaid dues.

 (Reporting by Urvi Dugar)

 ((UrviManoj.Dugar@thomsonreuters.com;))