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InfraBuild heads to US debt markets, Jefferies in tow

Liberty InfraBuild’s rollercoaster ride is set for another twist, with the company in talks with offshore lenders about a debt refinancing. ....

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Gupta calls Whyalla a spiritual home in race against time


Gupta calls Whyalla a spiritual home in race against time
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Steel magnate Sanjeev Gupta has stepped up a public charm offensive while he frantically tries to cement replacement funding for his teetering global empire, calling Whyalla his “spiritual home” and saying the steelworks and mining operations are benefiting from “strong tailwinds” in steel and iron ore markets.
In an open letter to people in South Australia, where he bought the Whyalla steelworks in mid-2017 after it was under administration for 16 months following the collapse of Arrium Ltd, he said he was “moving in the right direction” in the refinancing efforts. He is attempting to refinance between $400 million to $500 million for the steelworks and the Tahmoor coal operations in NSW which sit together in one of his Australian companies. ....

South Australia , New South Wales , United Kingdom , Scott Morrison , Steven Marshall , Liberty Infrabuild , Credit Suisse , Supreme Court On , Liberty Holdings Australia , Greensill Capital , Onesteel Manufacturing , Middleback Ranges , South Australian Premier Steven Marshall , Prime Minister Scott Morrison , மிடில் பேக் , தெற்கு ஆஸ்திரேலியா , புதியது தெற்கு வேல்ஸ் , ஒன்றுபட்டது கிஂக்டம் , ஸ்காட் மோரிசன் , ஸ்டீவன் மார்ஷல் , சுதந்திரம் இன்ப்ரபுல்ட் , கடன் ஸ்யூயி , உச்ச நீதிமன்றம் ஆன் , சுதந்திரம் ஹோல்டிங்ஸ் ஆஸ்திரேலியா , மிடில் பேக் வரம்புகள் , தெற்கு ஆஸ்திரேலிய ப்ரிமியர் ஸ்டீவன் மார்ஷல் ,