Debt financing

Jindal Stainless raises $82-M from Germany's KfW IPEX-Bank

Economic Times  

Jindal Stainless Ltd is raising around USD 82 million (around INR 620 crore) from a German export financier, KfW IPEX-Bank to procure equipment from Primetals Technologies Austria GmbH and Andritz AG for expansion of its production facilities in Jajpur in Odisha. Pricing of this new loan is spread over 6 months USD LIBOR rate.

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