JSW steel arm to raise ₹2.6k cr for Thyssenkrupp unit buyout

by pulseadmin January 20, 2025, 7:33 am 190 Views

Mumbai: A JSW Steel group entity aims to raise ₹2,600 crore through a three-year zero-coupon bond to fund its ₹3,900-crore acquisition of Thyssenkrupp Electrical Steel India from Germany’s Thyssenkrupp Group. The deal will be financed with ₹2,600 crore in debt and ₹ 1,300 crore in…