Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta is facing a new threat to his besieged metals business in Australia as a creditor targets one of ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta’s Australian steel business InfraBuild is offering to pay high interest rates to regain access to ...
Sanjeev Gupta’s InfraBuild has struck two key agreements which should avoid a possible default on its debts but the $US150m in new debt at the heart of the deal is ...
A thriving Townsville scrap metal recycler has shelled out millions to secure its highly-prized industrial site after it was put on the market. See why it was worth big bucks. Previously known as One ...
Sanjeev Gupta’s Australian steelmaker and distributor Infrabuild is pitching credit funds for a capital injection worth about $200 million. As first reported by Street Talk on Tuesday, Infrabuild has ...
The embattled steel products company finalised a new $US150m debt finance deal, easing immediate pressure, with some $700m of free cash now on the balance sheet ...
One of two men facing fraud charges over allegedly swindling Infrabuild Australia out of millions over a four-year period has checked into drug and alcohol rehab overseas. Bruce Abernethy, 46, fronted ...
The company said on Thursday it had entered an agreement with a majority of its bondholders - who are owed $US550m according to Fitch Ratings - to push back the due ...