Jan

Cantor, SC Lowy Eye India Soured Loans Amid Insolvency Delay

Merger arbitrage trades are one area investors are considering
State Bank of India has sought bids for Essar Steel loans

Many global funds have pushed for India to resolve its bankruptcy cases faster, but some investors are finding opportunities in the delays.

As Indian lenders seek to offload soured debt worth billions of dollars, overseas firms such as Cantor Fitzgerald and SC Lowy see the chance for investors to reap returns from delays in the bankruptcy process…

Categories : Hedge Funds

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Cantor, SC Lowy Eye India Soured Loans Amid Insolvency Delay

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