The steel-making business said it would raise an extra $240 million from bondholders, already owed $880 million, and pay down ...
Fitch Ratings downgraded InfraBuild Australia Pty Ltd. further into junk, saying it sees an “elevated” probability that the ...
Sanjeev Gupta’s InfraBuild has struck a debt restructuring deal with a majority of its bondholders and agreed to another ...
Despite having circulated its unaudited half-year financial results to bondholders on March 3, it has repeatedly delayed a ...
A default over $US550m in debt owed by Sanjeev Gupta’s Australian steel products company InfraBuild “could be imminent” Fitch ...
Apollo Global Management (NYSE:APO) has been actively aligning its investment portfolio by expressing interest in Infrabuild Trading amidst Sanjeev Gupta's ongoing challenges and considering divesting ...
Sanjeev Gupta’s InfraBuild has attacked the Ben Brazil-led private equity firm FitzWalter over its ­demand for an immediate ...
As India's stock market undergoes active buying coupled with some short covering, Raja Venkatraman of NeoTrader recommends ...
Welcome to the Trading Day blog for Thursday, April 3. The ASX 200 index closed down 0.9 per cent at 7859.7 points but well ...
Sanjeev Gupta’s InfraBuild could default on $880m in debt imminently according to ratings agency Fitch, while cheap steel imports will put further pressure on profitability. Infrabuild and ...