home » Finance » Stocks » Tata Steel will pre-pay £200m to recast debtTata Steel will pre-pay £200m to recast debtposted at Financialexpress by ruchir(2442) 6 months ago (www.financialexpress.com) Mumbai: Tata Steel Ltd, the worlds sixth-largest steel producer, on Tuesday said its subsidiary, Tata Steel UK, has asked its lenders to reset the terms of the debt it took to buy Corus. As part of the deal, Tata Steel will voluntarily prepay £200 million, or roughly Rs 1,500 crore, of this non-recourse loan to reduce the debt overhang on its European operat read more »
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