11
Oct
16:50
Liberty Australia agrees to debt restructuring
Liberty Primary Metals Australia (LPMA) has agreed to a debt restructuring plan with Credit Suisse Asset Management, Kallanish learns from owner GFG Alliance. The plan gives clarity and stability to the business following the collapse of Greensill Capital, GFG says.
Greensill was the main creditor to GFG and Liberty but it collapsed in March. Credit Suisse had applied for the winding up of LPMA to reclaim debts from the collapsed lender. LPMA includes the Whyalla …
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Anonymous
Very good overview of the weekly steel market.
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