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JSW Steel raises $400 million via Notes

05 Oct 2019 Evaluate

JSW Steel has raised $400 million by allotment of fixed rate senior unsecured notes (Notes) in accordance with Regulation of the U.S. Securities Act, 1933, as amended and applicable Indian regulations. The Notes will be listed on Singapore Exchange Securities Trading.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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