Issuer of India’s Biggest Junk-Bond Gets Nod to Delay Payment

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Issuer of India’s Biggest Junk-Bond Gets Nod to Delay Payment
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Goswami Infratech Pvt., issuer of India’s biggest ever high-yield rupee corporate bond, has won a temporary reprieve from creditors on a payment that was due on the note this month, according to people familiar with the matter.

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