JSW Steel Ltd.

JSW Steel has raised $500 million by allotment of fixed rate senior unsecured notes (Notes) in accordance with Regulation S of the U.S. Securities Act, 1933 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. The company has reported crude steel production of 12.65 million ton (MT) in February 2017 with a growth of 25% over the corresponding month in 2016.