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India's SpiceJet repays $24 million in dues to Credit Suisse

Published by Global Banking and Finance Review

Posted on September 8, 2025

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(Reuters) -India's low-cost carrier SpiceJet said on Monday that it has fully repaid $24 million to UBS-owned Credit Suisse, fulfilling the terms of the settlement agreement signed in May 2022.

The companies have been engaged in a legal dispute since 2015 over the bank's claim of unpaid dues.

(Reporting by Urvi Dugar)

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