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.
Kesoram Industries to repay loans worth US$180m
URL: https://globalcement.com/news/item/16662-kesoram-industries-to-repay-loans-worth-us-180m
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