JSW Steel

JSW Steel - JBIC/NEXI Loan

Borrower (s)
JSW Steel
Industry
Metals and Mining/Base metals
Area of finance
Export & Agency Finance
Region
Asia
Countries
India

Deal Overview

JSW Steel is a major private steel manufacturing company in India, in which JFE Steel Corporation holds a 15% stake and plans to expand the Vijayanagar Works in Karnataka State in southwestern India. This loan is intended to provide the necessary funds for JSW Steel to purchase a complete set of...

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JSW Steel is a major private steel manufacturing company in India, in which JFE Steel Corporation holds a 15% stake and plans to expand the Vijayanagar Works in Karnataka State in southwestern India. This loan is intended to provide the necessary funds for JSW Steel to purchase a complete set of facilities for a wire rod mill, used in processing of steel, from Primetals Technologies USA LLC and Primetals Technologies India Private Limited, both subsidiaries of Primetals Technologies Ltd. in the United Kingdom, a joint venture of Siemens AG in Germany, Mitsubishi Heavy Industries and Partners.

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Deal Volume
$50m
Financial Close
09 January 2020

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