"SpiceJet and CAML have entered into a term sheet to restructure certain aircraft lease obligations of SpiceJet aggregating to $137.68 million (as of June 30, 2024), which upon settlement/waivers will be adjusted to $97.51 million (subject to further adjustments, if any)," the filing said. "Such number of equity shares at a price of Rs 100 per share, subject to an aggregate amount of not more than $ 30 million. Lessors will also consider purchasing, via the exchange of lease arrears, compulsorily convertible debentures of SpiceXpress & Logistics Pvt Ltd (a SpiceJet subsidiary) in a principal amount of $20 million," the filing said.