Freshfields Bruckhaus Deringer, Allen & Overy (A&O) and Clyde & Co have won the leading roles on Stemcor’s $2.24bn (£1.36bn) debt restructuring.
March 23, 2014 at 10:03 PM
1 minute read
The original version of this story was published on Legalweek
Freshfields Bruckhaus Deringer, Allen & Overy (A&O) and Clyde & Co have won the leading roles on British steel trader Stemcor’s $2.24bn (£1.36bn) debt restructuring.
The debt deal involves the conversion of the company’s existing revolving credit facilities into a term loan with a maturity date of December 2015, together with the provision of a $1.15bn (£696m) new syndicated trade finance facility.
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