Essar secures financing for two N. American operations
Dec 15, 2009 | 07:30 AM
| Scott Robertson
India's Essar Group secured financing for its North American steel operations this week, closing a notes offering for its Essar Steel Algoma Inc. operations and getting a three-month loan extension for its Essar Steel Minnesota LLC plant.
Minnesota's Iron Range Resources Board, at a meeting in Eveleth, Minn., this week approved the three-month loan extension for Essar Steel Minnesota, according to local reports. The steelmaker had asked for a year's forbearance on the loan,....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here