Aggregating USD 500 million
JSW Steel announced that finance committee of the Company has approved the issuance of fixed rate senior unsecured notes aggregating USD 500 million and has approved the pricing, tenure and other terms of the notes. The proceeds of the notes will be used by the Company to repay external commercial borrowing loans, for capital expenditure or any other purpose in accordance with the ECB regulations. The date of allotment is 12 April 2017 and maturity date is 13 April 2022. The notes will be listed on the Singapore Exchange Securities Trading.Powered by Capital Market - Live News
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