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Private Equity Firm AIP Buys Up Debt on Gupta's Aluminum Plants


Private Equity Firm AIP Buys Up Debt on Gupta’s Aluminum Plants
Apr 21 2021, 11:41 AM
April 20 2021, 10:41 PM
April 21 2021, 11:41 AM
(Bloomberg) American Industrial Partners has bought most of the senior debt of two of Sanjeev Gupta’s European aluminum assets, putting it in position to take them over, people familiar with the matter said.
(Bloomberg) American Industrial Partners has bought most of the senior debt of two of Sanjeev Gupta’s European aluminum assets, putting it in position to take them over, people familiar with the matter said.
The New York-based private equity firm in recent days bought debt linked to Gupta’s Dunkirk smelter in France as well as refinancing the senior debt of the Duffel rolling mill in Belgium, said the people, who asked not to be identified as the deals weren’t public. ....

Morgan Stanley , Industrial Commercial Bank , Trafigura Group , Rio Tinto Group , Glencore Plc , Standard Bank Plc , China Ltd , Industrial Partners , Sanjeev Gupta , New York Based , Greensill Capital , Alvance Aluminium Duffel , Commercial Bank , Bank Plc , Davidson Kempner Capital Management , Triton Partners , Astor Investment Management , மோர்கன் ஸ்டான்லி , தொழில்துறை வணிகரீதியானது வங்கி , ரியோ டின்டோ குழு , குளெங்கோறே ப்ல் , தரநிலை வங்கி ப்ல் , சீனா லிமிடெட் , தொழில்துறை கூட்டாளர்கள் , சஞ்சீவ் குப்தா , புதியது யார்க் அடிப்படையிலானது ,

Private Equity Firm AIP Buys Debt on Gupta's Aluminum Plants


Private Equity Firm AIP Buys Debt on Gupta’s Aluminum Plants
Bloomberg
1 hr ago
Jack Farchy, Luca Casiraghi and Irene García Pérez
(Bloomberg) American Industrial Partners has bought most of the senior debt of two of Sanjeev Gupta’s European aluminum assets, putting it in position to take them over, people familiar with the matter said.
The New York-based private equity firm in recent days bought debt linked to Gupta’s Dunkirk smelter in France as well as refinancing the senior debt of the Duffel rolling mill in Belgium, said the people, who asked not to be identified as the deals weren’t public. ....

United States , Sanjeev Gupta , Bloomberg Liberty House Group , Morgan Stanley , Industrial Commercial Bank , Trafigura Group , Rio Tinto Group , Hindalco Industries Ltd , Glencore Plc , Standard Bank Plc , Liberty House Group , China Ltd , Aleris Corp , Industrial Partners , New York Based , Liberty House Group Executive Chairman Sanjeev , Greensill Capital , Alvance Aluminium Duffel , Commercial Bank , Bank Plc , Davidson Kempner Capital Management , Triton Partners , Astor Investment Management , Hindalco Industries , ஒன்றுபட்டது மாநிலங்களில் , சஞ்சீவ் குப்தா ,

Funds take over glassmaker Baccarat from Chinese owners


By Reuters Staff
2 Min Read
PARIS, Dec 29 (Reuters) - Several debt investment funds have taken control of French luxury glassmaker Baccarat from its Chinese owners, and could envisage a potential restructuring or sale of the company, a regulatory filing showed.
The ownership change caps a battle between China’s Fortune Fountain Capital, a wealth management firm that bought Baccarat in 2017, and its creditors, with which it came into conflict and which have taken over the crystal glassware maker following a debt-for-equity swap.
Baccarat declined to comment, while Fortune Fountain could not immediately be reached.
Founded in 1764, Baccarat, which has made chandeliers and tableware including for royalty, is one of several French luxury names to have attracted Chinese investors keen to capitalise on demand in China for high-end brands and goods. ....

France General , Barbara Lewis , Blandine Henault , Sarah White , Thomson Reuters Trust Principles , Corbin Opportunity Fund , Fortune Legend , Fortune Fountain Capital , Fortune Fountain , Astor Investment Management , Sammasan Capital , Fortune Legend Limited , Thomson Reuters Trust , பிரான்ஸ் ஜநரல் , பார்பரா லெவிஸ் , ப்ளாண்டினே ஹெனௌுல்த் , சாரா வெள்ளை , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ப்ரிந்ஸிபல்ஸ் , கார்பின் வாய்ப்பு நிதி , அதிர்ஷ்டம் புராண , அதிர்ஷ்டம் நீரூற்று மூலதனம் , அதிர்ஷ்டம் நீரூற்று , டோர் முதலீடு மேலாண்மை , அதிர்ஷ்டம் புராண வரையறுக்கப்பட்டவை , தாம்சன் ராய்ட்டர்ஸ் நம்பிக்கை ,