Deutsche Bank doubles down on Indian shadow lender Altico’s debt

Deutsche Bank doubles down on Indian shadow lender Altico’s debt

A logo sits illuminated on Deutsche Bank AG headquarters office building in Frankfurt, Germany, on Monday, Nov. 6, 2017. Photographer: Krisztian Bocsi/Bloomberg

Deutsche Bank AG and Broad Peak Investment Advisers Ltd. bought more debt of an embattled Indian shadow lender, highlighting the growing foreign interest in the discounted assets of the financier at the center of an evolving credit crisis.

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