Court Allows Debt Recast At JSPL’s Australian Coal Mining Unit
Molten iron pours into a vat at a steel plant. (Photographer: Ioana Epure/Bloomberg)  

Court Allows Debt Recast At JSPL’s Australian Coal Mining Unit

Jindal Steel & Power Ltd.’s plan to restructure debt at its Australian coal mining unit won approval from the local court.Wollongong Coal Ltd.’s proposed scheme to recast external debt has been app...
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