Tata Steel Singapore Arm Executes $1.5-Billion Pacts

New Delhi: Tata Steel on Wednesday said its Singapore arm has executed pacts worth $1.5 billion for refinancing its debt. "T S Global Holdings Pte Ltd (TSGH), a subsidiary of Tata Steel Ltd incorporated in Singapore, has executed agreements today for loan facilities of $1.5 billion comprising a five-year loan of $750 million and a six year loan of $750 million", the company said in a statement. The proceeds will be used to repay ex...