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GFG Alliance's refinancing gets boost as international businesses perform well

GFG Alliance's refinancing gets boost as international businesses perform well
GFG Alliance's refinancing gets boost as international businesses perform well   -   Copyright  Thomson Reuters 2021
By Reuters

– Commodities tycoon Sanjeev Gupta’s GFG Alliance said on Monday its international businesses were performing well on strong metal markets, helping bolster its cashflow and boost its refinancing efforts.

GFG Alliance, which has been scrambling since the collapse of supply chain finance firm Greensill, also said it was restarting LIBERTY Steel USA‘s South Carolina plant that was shut down during the pandemic.

GFG was Greensill’s largest client.