News report - Tata Steel to get debt relief from Thyssenkrupp deal.
sotn
You are here: www.steelonthenet.com > archive > 2018 > tata-steel-to-get-debt-relief-from-thyssenkrupp-deal.html

Steel Industry News Archive

World iron and steel industry news headlines

The following news item appeared in the international steel industry press.

Title: Tata Steel to get debt relief from Thyssenkrupp deal
Date: Sun, 01 Jul 2018 00:00:00 GMT

Report: According to definitive agreements signed by the two European steel companies on Saturday, Tata Steel Europe will transfer Euro2.5 billion of its debt to the JV while thyssenkrupp will transfer 4 billion, which includes Euro 400 million of debt and the remaining unfunded pension liabilities.
Keywords: tata, debt, steel, thyssenkrupp

Source: The Economic Times, Haryana, India.
Press release: see full report.

Related: For more information see history of Tata Steel. For further information about ThyssenKrupp, see our ThyssenKrupp news page.




Site visitors may be interested to learn that we also publish specialty steel news on the website. This news reporting covers engineering steel, stainless steel and tool steel news, with a free special steel news summary page also availble to site visitors. Visit our subscriptions page to learn more about signing up to this service.