06
Sep
07:51
GFG’s Infrabuild starts raising debt
Infrabuild Australia, the rebranded Liberty OneSteel, plans to raise around AUD 700 million ($477m) in debts to finance its plans. The move comes shortly after parent GFG Alliance confirmed that it is putting off plans to list the unit until at least mid-2020, Kallanish notes.
GFG has been seeking ways to fund its various projects, including energy, battery storage and steel projects. These include moving Infrabuild Australia largely to renewable energy supply a…
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Anonymous
Very good overview of the weekly steel market.
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