Brief: SpiceJet Paid Total $7.1 Mln To Credit Suisse Under Settlement Agreement Till Date -Spokesperson

Spicejet

14/08/2023 12:41

Aug 14 (Reuters) - SPICEJET SPOKESPERSON:
    * TILL DATE, SPICEJET HAS PAID TOTAL OF $7.1 MILLION TO
CREDIT
SUISSE UNDER SETTLEMENT AGREEMENT
    * SHORTFALL OF $4.4 MILLION IN PAYMENT TO CREDIT SUISSE
PERTAINS
TO PERIOD WHEN RBI APPROVAL WAS STILL AWAITED
    * INTENDS TO PAY $4.4 MILLION AND REMAINING BALANCE AMOUNT
TO
CREDIT SUISSE AS PER APPLICABLE SCHEDULE

Further company coverage:  SPJT.NS 

 ((Reuters.Briefs@thomsonreuters.com;))