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 ...
Apollo Global Management (NYSE:APO) Eyes Infrabuild Trading Amid 10% Dip Over Last Month
Apollo Global Management (NYSE:APO) has been actively aligning its investment portfolio by expressing interest in Infrabuild Trading amidst Sanjeev Gupta's ongoing challenges and considering divesting ...
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 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 ...
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 ...
Sanjeev Gupta’s InfraBuild delays accounts for third time in a month
Despite having circulated its unaudited half-year financial results to bondholders on March 3, it has repeatedly delayed a ...
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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 ...
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 ...