General Announcement::Allotment of Fixed Rate Senior Unsecured Notes of US $500 million by Periama Holdings, LLC

Issuer & Securities

Issuer/ Manager
JSW STEEL LIMITED
Securities
JSWSTEELUS$500M5.95%N240418 - XS1981202861 - VA4B
JSWSTEELUS$400M5.375%N250404 - XS2049728004 - OGGB
JSWSTEELUS$500M4.75%N191112 - XS1133588233 - 20PB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Oct-2020 17:07:57
Status
New
Announcement Sub Title
Allotment of Fixed Rate Senior Unsecured Notes of US $500 million by Periama Holdings, LLC
Announcement Reference
SG201020OTHRDSKT
Submitted By (Co./ Ind. Name)
JSW STEEL LIMITED
Designation
Company Secretary
Effective Date and Time of the event
20/10/2020 14:00:00
Description (Please provide a detailed description of the event in the box below)
Further to our letters dated October 5, 2020 and October 12, 2020, we hereby inform that Periama Holdings, LLC ( Issuer ), incorporated under the laws of Delaware and being an indirect wholly owned subsidiary of JSW Steel Limited ( Company ) has raised U.S.$ 500 million by allotment of fixed rate senior unsecured notes ( Notes ) in accordance with Regulation S of the U.S. Securities Act, 1933, as amended and applicable Indian regulations. The Notes are guaranteed by the Company pursuant to a trust deed dated October 19, 2020 ( Trust Deed ) executed by the Company and the Issuer with the trustee appointed in relation to the issuance of the Notes.

The Notes have been listed on Singapore Exchange Securities Trading Limited. Please refer annexure for details.

Attachments

SE Disclosure.pdf
Total size =814K