LIBERTY Steel Group

12.12.2022 – 13:01
LIBERTY Steel USA completes new debt raise
New York (ots/PRNewswire) - LIBERTY Steel USA has successfully raised a US$40m term loan with Eclipse Business Capital to refinance its existing term loan before its maturity in January 2023. In addition to the new term loan, LIBERTY Steel USA increased its existing ABL with Eclipse Business Capital from US$125m to US$150m, providing additional liquidity to the business so it can build on strong performance through 2022, ...
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15.11.2022 – 11:14
LIBERTY reaches agreement in principle with creditors on global debt restructuring
London (ots/PRNewswire) - LIBERTY Steel Group ("LIBERTY")'s Restructuring and Transformation Committee (RTC) today announces that LIBERTY has signed a term sheet subject to contract on an agreement in principle ("the Agreement") for a debt restructuring with parties responsible for the main creditors of Greensill Capital (UK) Limited, Greensill Bank AG and Credit ...
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