Weak liquidity prompts Fitch to put Lodha Developers’ unsecured debt on rating watch

MDL said it is in advanced stages of negotiations to secure sufficient funds to repay the bond. Fitch said that if the company is able to complete the refinancing, it would consider removing the RWN

from Moneycontrol Business News https://www.moneycontrol.com/news/business/weak-liquidity-prompts-fitch-to-put-lodha-developers’-unsecured-debtrating-watch_12899281.html