Goldman, Varde lead $922m RattanIndia Power debt recast

Goldman, Varde lead $922m RattanIndia Power debt recast

The Goldman Sachs Group Inc. logo is displayed in the reception area of the One Raffles Link building, which houses one of the Goldman Sachs (Singapore) Pte offices, in Singapore, on Saturday, Dec. 22, 2018. Photographer: Nicky Loh/Bloomberg

A consortium led by Goldman Sachs Group Inc. and Varde Partners LP will buy 65.75 billion rupees ($922 million) of debt from an Indian power company at a 38% discount, in one of the largest restructuring deals outside the nation’s bankruptcy court.

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