03
Sep
10:48
Vallourec plans debt restructuring to tackle market deterioration
French pipemaker Vallourec will start debt restructuring talks with its reference shareholders, all of its banks and bondholder creditors and other stakeholders. These aim to address its upcoming maturities and rebalance its financial structure, Kallanish learns from the company.
The refinancing plan will take into account the consequences of the Covid-19 pandemic and oil market crisis on Vallourec’s activity.
As of 30 June, Vallourec had confirmed bank cre…
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Anonymous
Very good overview of the weekly steel market.
Anonymous