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- InfraBuild woes worsen as Sanjeev Gupta moves cash around . . .
Sanjeev Gupta’s Australian steel business, InfraBuild, made a cash payment of almost $29 million to the British industrialist’s Liberty Holdings Australia entity in the September quarter, even as its losses worsened
- Fitch Downgrades InfraBuild Australias IDR to CC
We have relied on unaudited accounts for our forecasts and InfraBuild's actual financial position could be weaker These factors have a negative impact on the credit profile and are highly relevant to the rating, resulting in a lower IDR for InfraBuild
- InfraBuild bonds hit as Greensill collapse draws Fitch warning
LONDON — Australian steelmaker InfraBuild’s bonds fell on Monday after credit ratings agency Fitch placed it on watch for a downgrade due to uncertainty caused by the collapse of Greensill Capital, the main funder of its parent company GFG Alliance
- Steel tycoon Gupta fires new legal salvo in battle to save . . .
The Liberty Steel owner has seen his main UK asset collapse and now faces a legal battle to preserve control of his stake in Australian company, InfraBuild, Sky News understands
- Herbert Smith Freehills advises ad hoc noteholder group on . . .
“We were pleased to assist the ad hoc noteholder group on the structuring and implementation of this transaction on an accelerated timeline, which provides a sustainable pathway and commercial outcome for both noteholders and InfraBuild ”
- Infrabuild Fined for Late Financial Reports - Mirage News
Two Australian companies in the GFG Alliance group have paid infringement notices of $187,800 each, totalling $375,600, following their alleged failure to lodge audited financial reports for the year ended 30 June 2024 within the statutory timeframe
- Sanjeev Guptas InfraBuild needs to file its books soon or . . .
Liberty Primary Metals Australia, which operates the Whyalla steelworks, and long steel products maker InfraBuild — both companies in Sanjeev Gupta’s beleaguered GFG Alliance group — failed to file their 2024 financial year accounts by the end of December as required
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