The steel-making business said it would raise an extra $240 million from bondholders, already owed $880 million, and pay down ...

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 ...

Sanjeev Gupta’s InfraBuild has struck a debt restructuring deal with a majority of its bondholders and agreed to another ...

A default over $US550m in debt owed by Sanjeev Gupta’s Australian steel products company InfraBuild “could be imminent” Fitch ...

InfraBuild is in danger of breaching its agreement with lenders within three months unless the steel business owned by British industrialist Sanjeev Gupta improves its earnings, according to Fitch ...

The Bank of England has fined banking dynasty scion Jay Hambro for his conduct during a stint as director of the Wyelands ...

While Mr Gupta announced early this year that a deal had been agreed – but not signed – it is understood that this deal fell apart when the South Australian government pushed the steelworks ...

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 ...

Today’s announcement follows on from the PRA’s decisions in April 2023 to publicly censure Wyelands for significant ...