Zee Entertainment cancels $215 million FCCBs after bondholders seek exit amid geopolitical tensions
Published on: April 1, 2026, 9:16 p.m. | Source: The Economic Times
Zee Entertainment has cancelled over $215 million in unutilised foreign currency bonds. The company will also redeem $23.9 million in outstanding bonds. Zee is restructuring its content business, transferring a division to a subsidiary. It will invest in this subsidiary and also acquire a stake in a new creative entertainment entity.
