💨 Abstract
Evonith Steel has successfully completed refinancing of its Non-Convertible Debentures (NCDs) with a new INR 1,700 Cr facility, reducing debt cost, extending debt maturity, enhancing liquidity, and improving overall balance sheet. This was facilitated by Standard Chartered Bank, JP Morgan India, IndusInd Bank, and Catholic Syrian Bank.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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