GFG Alliance, which operates in the local steel industry, has obtained a term loan from Eclipse Business Capital in the US for USD 40 million (about Rs330 crore).
The money, which was raised through the group firm Liberty Steel USA, would be used to refinance the company's current term loan, according to a statement released by GFG Alliance on Monday.
In order to refinance its existing term loan before its maturity in January 2023, Liberty Steel USA said that it had "successfully raised a USD 40 million term loan with Eclipse Business Capital."
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.