February 27, 2018 / 6:50 AM / 3 months ago

BRIEF-S A L Steel Announces One-Time Settlement With Invent Assets Securitisation & Reconstruction

Feb 27 (Reuters) - S A L Steel Ltd:

* ENTERED ONE TIME SETTLEMENT WITH INVENT IN RESPECT OF ENTIRE CREDIT FACILITIES AVAILED BY CO; SETTLED AMOUNT TO BE PAID UP TO MARCH 15 2023‍​

* UNION BANK OF INDIA, SBI, STATE BANK OF HYDERABAD, LENDERS ASSIGNED OUTSTANDING DEBTS TO INVENT ASSETS SECURITISATION & RECONSTRUCTION Source text - bit.ly/2HQr3ZY Further company coverage:

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