28
Mar
13:44
Liberty UK assets to consolidate under new entitity
Liberty Steel has signed a new framework agreement with its major creditors to build on group-wide improvements since the Greensill Capital collapse and consolidate its UK steel businesses under a new entity with a simpler structure, it says.
The agreement comes after Liberty achieved major milestones in raising new capital, including a successful $350 million bond issue by its InfraBuild business. This was done through Jefferies LLC and a $350…
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Anonymous
Very good overview of the weekly steel market.
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