JSW Steel Ltd

📉 JSW Steel Subsidiary Fully Redeems $750M Notes

- Periama Holdings LLC, an indirect subsidiary of JSW Steel, fully redeemed $750 million in senior unsecured notes.

- The notes were issued in two tranches: $500 million in October 2020 and $250 million in December 2020.

- Redemption was funded by a loan from JSW Steel Limited to Periama Holdings LLC.

- JSW Steel Limited's guarantee for the notes has terminated following the full repayment.