Tata launches refi deal across Asia and Europe
Tata Steel launched on Wednesday the general syndication of a £3.53bn equivalent multicurrency loan that refinances the facility used to acquire UK’s Corus Steel in 2007. A Eu2.21bn (£1.8) term loan ‘A’ and a £690m multicurrency revolver, both with a five year maturity, will be sold down to Asian and European lenders during the general syndication.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts