
Jindal Steel & Power (Mauritius), a wholly-owned subsidiary of Jindal Steel & Power Limited (JSPL) has prepaid a US$357 million loan to its lenders. This prepayment will help clear the entire debt on JSPML. This loan had corporate guarantees from JSP India, which will also get released.
Over the past three years, JSP has been able to reduce its overseas debt from USD1.8 billion to…
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