General Announcement::Raising of funds by wholly owned subsidiary

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
14-Dec-2020 23:44:01
Status
New
Announcement Sub Title
Raising of funds by wholly owned subsidiary
Announcement Reference
SG201214OTHRN93G
Submitted By (Co./ Ind. Name)
JSW Steel Limited
Designation
Company Secretary
Effective Date and Time of the event
14/12/2020 21:10:00
Description (Please provide a detailed description of the event in the box below)
Further to our letter dated December 14, 2020, we are pleased to inform you that the board of directors of Periama Holdings, LLC (the Issuer ) being a company incorporated under the laws of Delaware and being a wholly owned indirect subsidiary of JSW Steel Limited (the Company ), have approved the issuance of U.S.$ 250 million aggregate principal amount of its 5.95 per cent. notes due 2026 (the Additional Notes ) which are guaranteed by the Company (the Issue ). Further, the pricing, tenure and other terms of the Additional Notes have also been approved.

The required details in relation to above mentioned issuance are attached.

Attachments

SETapIssuance.pdf
Total size =661K