Australian Steel Producer InfraBuild Faces ‘Imminent’ Default Risk, Fitch Says
Fitch Ratings downgraded InfraBuild Australia Pty Ltd. further into junk, saying it sees an “elevated” probability that the ...
Sanjeev Gupta’s InfraBuild reshuffles its debts to hold off default
The steel-making business said it would raise an extra $240 million from bondholders, already owed $880 million, and pay down ...
InfraBuild has struck an agreement to refinance $US150m in debt
Sanjeev Gupta’s InfraBuild has struck a debt restructuring deal with a majority of its bondholders and agreed to another ...
Sanjeev Gupta’s InfraBuild has a high risk of default on $880m in debt, ratings agency Fitch says
A default over $US550m in debt owed by Sanjeev Gupta’s Australian steel products company InfraBuild “could be imminent” Fitch ...
Fitch Ratings says Gupta’s InfraBuild faces default within months
The sprawling steel business is the British industrialist’s last good asset. The credit agency says a breach of its lending ...
Gupta fires back at private equity firm as InfraBuild sued
Sanjeev Gupta’s InfraBuild has attacked the Ben Brazil-led private equity firm FitzWalter over its ­demand for an immediate ...
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 27 March 2025
Sumeet Bagadia recommended buying these seven breakout shares to buy today - Aavas Financiers, Windlas Biotech, HEG, A B ...
Stock market update: Stocks that hit 52-week highs on NSE
AB Infrabuild, Setco Automotive, Shree Cements and Chambal Fertilisers, hit their fresh 52-week highs at 10:41AM.
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Sanjeev Gupta’s InfraBuild has a high risk of default on $880m in debt, ratings agency Fitch says
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 ...