Air India bond sale likely to get unconditional govt guarantee-source

NEW DELHI, Oct 9 (Reuters) - The Indian government is likelyto give an unconditional guarantee for Air India's 74billion rupee ($1.41 billion) bond sale, a government sourcesaid.

The source said the aviation and finance ministries were infinal talks regarding the guarantee.

The national carrier postponed the deadline for bidsubmissions for the sale to Oct. 12, in the sixth such delay,still hoping to get an unconditional guarantee before the newdate, IFR, a Thomson Reuters publication, reported on Tuesday.($1 = 52.4700 Indian rupees)

(Reporting by Anurag Kotoky; Editing by Anand Basu)


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