Tata Steel launches $3.1b loan amid lending flurry

The Indian steel group has launched a jumbo loan into syndication as it seeks to refinance debt taken to acquire Corus.

Tata Steel, the Indian steel maker, has launched a jumbo $3.1 billion-equivalent loan package into general syndication as it seeks to refinance debt taken to fund its acquisition of Anglo Dutch steelmaker Corus, according to two sources familiar with the matter.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media