26
Mar
08:33
Brazil’s MMX Mineração finds investors to evade bankruptcy
Brazil’s MMX Mineração e Metálicos has signed a binding agreement with China Development Integration Limited (CDIL) and Rubicon Capital Partners over the terms and conditions for investment into the company and its subsidiaries, Kallanish notes.
Hong Kong-based CDIL develops large infrastructure, engineering and mining projects.
“MMX will issue private debentures convertible into stocks in the form of a DIP Financing, while CDIL …
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Very good overview of the weekly steel market.
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