Tag: JSW Steel investment plan
JSW Steel shares gain 4% to hit 52-week high on US subsidiary’s proposal to raise $145 million from long-term bonds
[ad_1] Shares of JSW Steel soared more than 4% to hit a fresh 52-week high of ₹853.1 apiece on the BSE in Friday’s trade after the company announced that its wholly-owned indirect subsidiary, JSW Steel Ohio Inc, aims to raise long-term funds to the tune of $145 million (approximately ₹1,209 crore). In a filing to the stock exchanges, the company said that JSW Steel USA Ohio Inc is considering a proposal for raising long term funds of around 30 year’s tenor for an aggregate principal amount of $145 million. “The Jefferson County Port Authority, a port authority and a body ... Read more