CAPITAL MARKETS

Arrium rises on recap plan

ARRIUM has signed a $A1.3 billion recapitalisation plan with asset manager GSO Capital Partners.

Kristie Batten
Arrium rises on recap plan

Under the deal, GSO will provide up to $US927 million in funding to Arrium, comprising a new six-year senior secured term loan of around $665 million, and a $262 million fully underwritten renounceable...

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