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MSP Steel & Power gets approval for debt restructuring

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Capital Market
Last Updated : Mar 30 2015 | 12:01 AM IST

In process of executing Master Restructuring Agreement with CDR lenders

MSP Steel & Power announced that the proposal of the Company for restructuring its debt has been approved by the Corporate Debt Restructuring Cell and the same is communicated vide provisional approval letter dated 23 March 2015. Further the Company is in process of executing Master Restructuring Agreement (MRA) with the CDR Lenders lead by the State Bank of India.

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First Published: Mar 28 2015 | 9:16 AM IST

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