GFG Alliance

European Green Steel Market Report 2023: Scope 3 Emissions Reduction Goals and End-user Demand Drive Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, November 15, 2023
Environment, Manufacturing, Alternative Energy, Green Technology, Energy, Steel, SSAB, Iron, Carbon, Coal, MOE, Plant, Hydrogen, Investment, Tata Steel Europe, GFG Alliance, Voestalpine, ArcelorMittal, ThyssenKrupp, Salzgitter, Partnership, Growth, Climate change mitigation, EAF, Electric arc furnace, DRI, Satellite navigation device, Renewable energy, Rare-earth element, Electronics, Tenaris

The "European Green Steel Market: Insights and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering, providing valuable insights into the European green steel market, with an overview of the industry's dynamics, trends, challenges, and growth drivers.

Key Points: 
  • The "European Green Steel Market: Insights and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering, providing valuable insights into the European green steel market, with an overview of the industry's dynamics, trends, challenges, and growth drivers.
  • Green steel demand is driven by two primary factors: Scope 3 emissions reduction goals and end-user demand.
  • Key Players: The European green steel market is led by key players such as ArcelorMittal, ThyssenKrupp, Salzgitter, SSAB, Tenaris, Tata Steel Europe, Swiss Steel Group, Vanir Green Industries, GFG Alliance, Voestalpine AG, and H2 Green Steel.
  • The "European Green Steel Market: Insights and Forecast (2023-2028)" report offers a comprehensive overview of the market's dynamics, challenges, and growth drivers.

InfraBuild closes USD350m Senior Secured Asset-Backed Term Loan

Retrieved on: 
Tuesday, May 30, 2023
GFG Alliance, Agriculture, BlackRock, Growth, Jefferies Group, Acquisition, Recycling, Bank, Security (finance)

InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.

Key Points: 
  • InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.
  • The InfraBuild business has maintained its strong financial performance through the first three quarters of its 2023 fiscal year.
  • InfraBuild is continuing to explore various additional financing alternatives, the proceeds of which would be used together with Asset-Backed Term Loan proceeds, to further drive its growth and potential acquisition of steel assets in the US.
  • Jefferies LLC acted as sole arranger on the Asset-Backed Term Loan, which was led by funds and accounts managed by BlackRock and Silver Point Finance.

InfraBuild closes USD350m Senior Secured Asset-Backed Term Loan

Retrieved on: 
Tuesday, May 30, 2023
GFG Alliance, Agriculture, BlackRock, Growth, Jefferies Group, Acquisition, Recycling, Bank, Security (finance)

InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.

Key Points: 
  • InfraBuild closes a USD350m Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.
  • The InfraBuild business has maintained its strong financial performance through the first three quarters of its 2023 fiscal year.
  • InfraBuild is continuing to explore various additional financing alternatives, the proceeds of which would be used together with Asset-Backed Term Loan proceeds, to further drive its growth and potential acquisition of steel assets in the US.
  • Jefferies LLC acted as sole arranger on the Asset-Backed Term Loan, which was led by funds and accounts managed by BlackRock and Silver Point Finance.

LIBERTY reaches agreement in principle with creditors on global debt restructuring

Retrieved on: 
Tuesday, November 15, 2022
Carbon, Liberty, GFG Alliance, Creditor, Repayment plan, Steel, Negotiation, Group, Documentation, Industry, Agreement, Play, Good, Greensill Capital, RTC, Credit, Security (finance), Greensill, Limited

LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.

Key Points: 
  • LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.
  • All parties will now work to prepare and execute the Agreement, providing LIBERTY with the platform to develop longer term sustainable financing.
  • The Agreement will allow LIBERTY to further advance its GREENSTEEL strategy and industry leading ambition to become carbon neutral by 2030.
  • "After several months of negotiations, we have now reached an agreement in principle that will provide recovery for the Creditors and will significantly deleverage and derisk LIBERTY.

LIBERTY reaches agreement in principle with creditors on global debt restructuring

Retrieved on: 
Tuesday, November 15, 2022
Carbon, Liberty, GFG Alliance, Creditor, Repayment plan, Steel, Negotiation, Group, Documentation, Industry, Agreement, Play, Good, Greensill Capital, RTC, Credit, Security (finance), Greensill, Limited

LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.

Key Points: 
  • LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.
  • All parties will now work to prepare and execute the Agreement, providing LIBERTY with the platform to develop longer term sustainable financing.
  • The Agreement will allow LIBERTY to further advance its GREENSTEEL strategy and industry leading ambition to become carbon neutral by 2030.
  • "After several months of negotiations, we have now reached an agreement in principle that will provide recovery for the Creditors and will significantly deleverage and derisk LIBERTY.

Green Cement Inc. Appoints Materials Executive to Lead Expansion

Retrieved on: 
Monday, August 16, 2021
VHSC, Multimedia, Corporation, National Mining Association, CEO, Harvard College, Achievement, Portland cement, Pozzolan, Company, Department of transportation, Transport, GFG Alliance, Carbon, Department, LLC, Trafigura, View, Board, Growth, DOT, Technology, Mining, Board of directors, Cement, Harvard Business School, State, Adoption, East African Portland Cement Company, Industry, JPMorgan Chase, American Management Association, Management

THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.

Key Points: 
  • THE WOODLANDS, Texas, Aug. 16, 2021 /PRNewswire/ -- Green Cement Inc fka VHSC, has appointed prominent mining and materials executive, Grant Quasha, to lead its global expansion drive.
  • John Preston, Chairman of Green Cement said: "We are very excited about having Grant lead the company's ambitions growth plans.
  • Pozzolanic Cement was replaced by Portland Cement almost 200 years ago because Portland Cement sets faster in one day than Pozzolanic Cement.
  • Green Cement reengineered Pozzolanic Cement to make it react faster matching the one-day performance of Portland Cement.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Credit Suisse Group AG (CS)

Retrieved on: 
Friday, June 11, 2021
Legal, Professional services, Greensill Capital, Companies, Finance, Credit Suisse, Service companies, Greensill, GFG Alliance, Lex Greensill

On March 1, 2021, Credit Suisse froze $10 billion in funds that were invested in financial products from Greensill Capital (Greensill) and held by its supply-chain investment funds.

Key Points: 
  • On March 1, 2021, Credit Suisse froze $10 billion in funds that were invested in financial products from Greensill Capital (Greensill) and held by its supply-chain investment funds.
  • On March 8, 2021, Greensill filed for insolvency protection, and more than 1,000 investors in the Greensill funds marketed were unable to exit their positions.
  • On March 29, 2021, Credit Suisse conceded that the loss resulting from this exit .
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

WNS to Manage Finance & Accounting Processes for GFG Alliance

Retrieved on: 
Friday, August 2, 2019
Technology, Human resources, Finance, Accounting, Other Technology, Professional services, Other Professional Services, Keshav R. Murugesh, GFG Alliance, WNS

WNS will manage the Finance & Accounting (F&A) processes for GFG Alliance with further opportunities to expand scope into other support functions for GFG Alliance entities.

Key Points: 
  • WNS will manage the Finance & Accounting (F&A) processes for GFG Alliance with further opportunities to expand scope into other support functions for GFG Alliance entities.
  • View the full release here: https://www.businesswire.com/news/home/20190802005156/en/
    We are delighted to collaborate with GFG Alliance in Australia.
  • We are confident that our strategic capabilities, in-depth business understanding, and robust portfolio of solutions will help us create value that delivers outperformance for GFG Alliance, said Keshav R. Murugesh, Group CEO, WNS.
  • WNS undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.