Tata Steel launches $3.1b loan amid lending flurry

The Indian steel group has launched a jumbo loan into syndication as it seeks to refinance debt taken to acquire Corus.
October 14, 2014

Tata Steel, the Indian steel maker, has launched a jumbo $3.1 billion-equivalent loan package into general syndication as it seeks to refinance debt taken to fund its acquisition of Anglo Dutch steelmaker Corus, according to two sources familiar with the matter.

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