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11 Mar
09:23

Celsa advances larger state credit line talks: reports

Celsa, the Spanish electric arc furnace-based steelmaking group, is reported to have further increased the amount requested for a new public funded credit line. Negotiations are advanced. The support from public authorities has been requested as part of the Fondo de Apoyo a la Solvencia de Empresas Estratégicas This is a specific allocation made by the Spanish government to support strategic companies against insolvency during the Covid-19 pandemic, Kallani…
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