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05 May
13:36

Liberty appoints restructuring committee, eyes underperforming units solution

Liberty Steel has appointed four new board directors to lead and accelerate its restructuring and refinancing. The appointments represent a step forward in Liberty’s response to the collapse of its principal lender, Greensill Capital, the firm says. Liberty Primary Steel and Mining Australia agreed on Wednesday terms to refinance its Greensill exposure (see separate Kallanish story). Record steel prices and Liberty’s operational improvement programme h…
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