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27 Feb
13:37

Celsa defies reported debt-repayment struggles

Spanish-headquartered major long products supplier Celsa remains confident it will be able to repay this year’s instalments of debt to Spanish banks, Kallanish understands from sources close to the company. This is in defiance of persistent rumours in the local press that suggest the firm will struggle to meet its long-standing debts. Local Spanish press reported that one of the banks holding a major share in the existing €2.7 billion debt of Cel…
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