掀开奶罩边躁狠狠躁苏玥视频,无码专区3d动漫精品,去阳台跪着把屁股抬起来,精品国产丝袜黑色高跟鞋


ArcelorMittal, Nippon Steel sign $5.14 billion loan pact to refinance Essar Steel buy

  • Wednesday, March 18, 2020
  • Source:ferro-alloys.com

  • Keywords:Steel Stainless Steel Chrome Ferroalloys
[Fellow][Ferro-Alloys.com] AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel...

[Ferro-Alloys.com] AMNS Luxembourg Holding S.A., the joint venture between Nippon Steel Corporation and ArcelorMittal has entered into a $5.14 billion (about Rs 38,000 crore) term loan agreement to refinance a loan taken for acquiring the erstwhile Essar Steel India, now renamed as ArcelorMittal NipponSteel India (AM/NS India).

This will include the amount borrowed under the $7 billion bridge term facilities agreement guaranteed by ArcelorMittal, the latter said in a statement on Tuesday. The rate of interest for the 10-year term loan agreement is not known as the two partners refused to disclose any further details of the agreement.

"For ArcelorMittal, this can be a game-changer since they get to refinance the borrowings at low rates of interest prevalent in Japan," a Mumbai-based banking sector analyst who did not wish to be named said.

An official statement from Nippon Steel said the banks involved in the 10-year term loan arrangement include, Japan Bank for International Cooperation, MUFG Bank, Ltd., Sumitomo Mitsui Banking Corporation, Mizuho Bank Europe N.V. and Sumitomo Mitsui Trust Bank, Limited (London Branch). Industry experts believe the move will give ArcelorMittal and its partner Nippon Steel much needed headroom as far as finances are concerned since the cost of funds in Japan are lower than the rest of the world.

"The proceeds of the loan will be used to refinance in full the amounts borrowed by AMNS in connection with the acquisition of ArcelorMittal Nippon Steel India Limited (formerly known as Essar Steel India Limited)," the statement added.

Japan's biggest steelmaker Nippon Steel Corp has entered into a 40:60 joint venture with ArcelorMittal for the acquisition of the former Essar Steel, as part of the auction of stressed assets under the Insolvency and Bankruptcy Code. The partners completed the acquisition in December 2019 after making an upfront payment of Rs 42,785 crore for the asset.

 

  • [Editor:tianyawei]

Tell Us What You Think

please login!   login   register
Please be logged in to comment!
主站蜘蛛池模板: 东海县| 攀枝花市| 体育| 岑溪市| 连州市| 沧州市| 乌恰县| 雷山县| 浙江省| 鄂托克旗| 措美县| 吉木萨尔县| 磴口县| 大城县| 怀化市| 灵台县| 驻马店市| 冀州市| 新巴尔虎右旗| 二手房| 奉化市| 中卫市| 安溪县| 广汉市| 武邑县| 新河县| 孙吴县| 吉安县| 方城县| 崇左市| 日喀则市| 广平县| 西丰县| 凤山市| 山阴县| 肇源县| 安徽省| 通州市| 土默特右旗| 建湖县| 左贡县|