Jayaswal Neco inks $384 mn deal with two special situation funds, global credit fund
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Jayaswal Neco inks $384 mn deal with two special situation funds, global credit fund

By Priyal Mahtta

  • 15 Dec 2023
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Jayaswal Neco inks $384 mn deal with two special situation funds, global credit fund
Credit: Thinkstock

Nagpur-based Jayaswal Neco Industries Ltd, which was one of the companies in the Reserve Bank of India’s second list of defaulters about six years ago, has raised capital from two special situation funds and a global credit fund to refinance its existing debt.   The manufacturer of steel products has secured a total of about ......

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