25
Jun
13:45
Tubos Reunidos renegotiates its debt
Spanish special seamless tube supplier Tubos Reunidos (TR) says it has reached an agreement on the terms and conditions of the refinancing of its debt with its main creditor banks. The financial debt of the TR Group amounted to €351 million ($400m) on 30 April 2019, Kallanish learns from a TR note to Spanish securities market commission CNMV.
“As a result of this refinancing agreement, the TR Group manages to rationalise its debt and ha…
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Anonymous
Very good overview of the weekly steel market.
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