WebMay 5, 2024 · GFG lines up working capital for Whyalla steel mill. GFG Alliance in talks with "multiple financiers". Refinancing due to be completed within four weeks. MELBOURNE, May 5 (Reuters) - Indian ... WebMay 15, 2024 · The investigation comes at the same time as GFG tries to refinance for the Whyalla steelworks and Tahmoor coal mine in New South Wales, following Greensill's …
GFG Alliance issues update on restructuring and refinancing progress
WebOct 11, 2024 · GFG and Credit Suisse Asset Management (CSAM) have today agreed to a debt restructuring for LIBERTY Primary Metals Australia (LPMA), which comprises its … WebMar 5, 2024 · The Whyalla steelworks is owned by the GFG Alliance, headed by British billionaire Sanjeev Gupta. One of GFG's biggest lenders, Greensill, is facing insolvency in Europe, after global wealth manager Credit Suisse froze $US10 billion worth of investment funds that it relied on. phone directory holder
Gupta
WebAug 23, 2024 · A six-week standstill agreement with Credit Suisse has expired without Sanjeev Gupta’s GFG Alliance finalising the refinancing of its Australian operations - but the company insists its negotiations to secure the future of the Whyalla Steelworks are progressing well. ... British billionaire industrialist Sanjeev Gupta was hailed a saviour of ... WebApr 7, 2024 · News. Sanjeev Gupta’s GFG Alliance says it is closing in on a deal to refinance the Whyalla steelworks, potentially heading off a court bid to wind up its Australian businesses. The steelworks in Whyalla. Photo: AAP/Lukas Coch. Citibank, on behalf of Credit Suisse, yesterday lodged an application in the New South Wales … WebMar 4, 2024 · Sanjeev Gupta’s GFG Alliance has stopped making payments to Greensill Capital, the ailing finance group that helped transform the former commodities trader into a leading player in the global ... phone directory gold coast