This is why Mukesh Ambani's $3.2 billion Future Retail deal collapsed - Hindustan Times

Debt-laden Future Retail Ltd.’s offshore bondholders -- a relatively smaller part of the creditor pool -- were promised 100% payment in the rescue offer from billionaire Mukesh Ambani, according to people with knowledge of the matter.

It was a contentious plan to repay overseas bondholders in full that brought what would have been Indias biggest retail deal to a grinding halt.  Debt-laden Future Retail Ltd.s offshore bondholders … [+4195 chars]

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