22
Jul
08:30
Gallardo Balboa seeks debt refinancing from investment fund
Gallardo Balboa, the Spanish steelmaking group headed by Alfonso Gallardo, confirms in a note seen by Kallanish it is in advanced talks with American investment fund KKR to refinance its debt.
KKR helped the group back in 2014 already to reduce its debt, taking control of some assets of the holding.
Spanish media reported that in the current case KKR could also take control of some Gallardo Balboa group assets by becoming the main shareholder in ret…
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Anonymous
Very good overview of the weekly steel market.
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