JSW Infra Plans $400mn Bond Issuance and $1.3bn Capex Over Five Years
JSW Group’s port operating entity, JSW Infrastructure plans to issue $400mn via bonds and spend $1.3bn in capital expenditure over five years. Sources said that the proceeds from the bonds will primarily be used to replace more expensive rupee debt. JSW Infra has an...
JSW Records Strong Earnings; Examining Bid For Liberty Steel
India’s largest steel producer, JSW Steel reported its highest ever quarterly revenues in its earnings announcement on Friday. The steel giant’s revenues from operations rose 51% YoY to INR 269.3bn ($3.7bn) for Q4 ended March, and were up 9% YoY for FY21...
