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JSPLS MAURITIUS
Jindal Steel repays last instalment of international debt, clears $1.8 billion in dues in 4 yearsJindal Steel Australia repaid around $105 million to lenders including Bank of Baroda, Canara Bank, Deutsche Bank, Värde Partners, Arkkan C...- JSPL completes divestment of Oman assets to Vulcan Steel“JSPML has sold the balance shareholding held by it, representing 51 % of the share capital of JSIS Oman, to Vulcan Steel in the second and...
- JSPL's Australian coal mining subsidiary Wollongong Coal gets waiver of $77 million under debt restructuring plan“The Australian coal mining unit’s debt is restructured and the government has given all the clearances to start coal mining. Out of the tw...
- JSPL Q2 results: Reports consolidated net loss of Rs 706 croreThe company said it had successfully completed the first tranche of its divestment in the Oman subsidiary by selling 48.99% to the acquirer.
- We will try to bring down debt to below Rs 25,000 crore by March 2021: Jindal Steel & Power‘We are working very seriously on a plan to divest Australian assets.’
- JSPML accepts offer to divest entire stake in its Oman assetThe enterprise value of the deal is over US $1 billion
- Top Hong Kong investment manager recalls $150 million loan to debt-hit JSPLLenders plan to invoke JSPL’s corporate guarantees, file winding up petition if dues are not cleared by September.
- Foreign lenders of Jindal Steel and Power exploring possibility of recalling loans worth $550 millionAmong other things, this is understood to have been triggered by JSPL’s inability to service $25 million unsecured loan from a large Japane...
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