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News Kesoram Industries to repay loans worth US$180m

Kesoram Industries to repay loans worth US$180m

Written by Global Cement staff 05 December 2023
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India: Kesoram Industries says that it will repay US$180m-worth of loans from Cerberus Capital Services, Edelweiss and Goldman Sachs ahead of maturity. The Economic Times newspaper has reported that the company is repaying the debt in anticipation of refinancing following a merger deal with UltraTech Cement. Kesoram Industries expects the deal to lower its cost of borrowing.

Last modified on 06 December 2023
Published in Global Cement News
Tagged under
  • India
  • Kesoram Industries
  • Loan
  • debt
  • Finance
  • Cerberus Capital Services
  • Edelweiss
  • Goldman Sachs
  • UltraTech Cement
  • GCW637
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