04
Feb
11:03
Vallourec reaches restructuring agreement with creditors
Vallourec has reached an agreement in principle with its main creditors in the frame of its financial restructuring announced last year, Kallanish learns from the French pipemaker.
The company has sought to rebalance its capital structure by reducing debt and securing the necessary liquidity to implement its strategic plan in a volatile market environment, it explains.
Bpifrance Participations and Nippon Steel Corporation, the reference shareholders of Vallourec,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous