{"id":832671,"date":"2024-07-15T10:16:45","date_gmt":"2024-07-15T04:46:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832671"},"modified":"2024-07-15T10:16:45","modified_gmt":"2024-07-15T04:46:45","slug":"rating-firms-monitoring-mtnl-as-telco-misses-escrow-transfer-for-bond-payments","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/15\/rating-firms-monitoring-mtnl-as-telco-misses-escrow-transfer-for-bond-payments\/","title":{"rendered":"Rating firms monitoring MTNL as telco misses escrow transfer for bond payments"},"content":{"rendered":"<p>Rating agencies are monitoring developments and considering fresh courses of action for state-owned Mahanagar Telecom Nigam Limited (MTNL), which has been unable to transfer sufficient funds to an escrow account for the payment of semi-annual interest of a bond.<\/p>\n<p>In an update on Friday, India Ratings &amp; Research said that the breach of condition of the debenture trustee deed is considered as an event of default as per the intimation received by the agency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rating agencies are monitoring developments and considering fresh courses of action for state-owned Mahanagar Telecom Nigam Limited (MTNL), which has been unable to transfer sufficient funds to an escrow account for the payment of semi-annual interest of a bond. In an update on Friday, India Ratings &amp; Research said that the breach of condition of the debenture trustee deed is considered as an event of default as per the intimation received by the agency.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-832671","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832671","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832671"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832671\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832671"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}