Tata Steel will pre-pay £200m to recast debt: Humsurfer

home » Finance » Stocks » Tata Steel will pre-pay £200m to recast debt 3 Tata Steel will pre-pay £200m to recast debt posted at Financialexpress by ruchir(2508) 6 months ago (www.financialexpress.com) Mumbai: Tata Steel Ltd, the world’s 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 » leave a comment email this Category: Stocks
Related Tata Steel resets covenants on Corus loan - www.newstrackindia.com Tata Steel will pre-pay £200m to recast debt - www.financialexpress.com Tata Steel gets lenders' nod for easier Corus loan terms - www.dnaindia.com Tata Steel UK to prepay £200mn - www.deccanchronicle.com Corus plans hike in steel prices as demand rises - www.livemint.com Tata Steel UK to prepay £200 m debt - www.thehindubusinessline.com Tata Steel gets lenders nod to reset debt terms - www.thehindubusinessline.com Tata Steel to put £200 m into Corus equity - www.dnaindia.com	Advt <a href='http://w2.humsurfer.com/www/delivery/ck.php?n=a8b50842' target='_blank'><img src='http://w2.humsurfer.com/www/delivery/avw.php?zoneid=6&n=a8b50842' border='0' alt='' /></a>
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