Stemcor sets its sights on Asia with $75m loan
Stemcor, the UK steel trader, is in the market with a $75m revolver — its first loan to target Asian banks. The deal is to be the first of several in Asia for the borrower, which, like many European commodity companies, is drawn by the liquidity in Asia’s loan market.
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