News
01 April 2021

Morgan Stanley, ICBC Standard look to sell Gupta’s GFG loan

In:
Metals and Mining
Region:
Europe

Morgan Stanley and ICBC Standard Bank are looking to dispose of portions of a loan they made to a key unit of Sanjeev Gupta’s GFG Alliance, a sign that lenders may be losing confidence in the embattled metals group. The two banks have started talks with potential buyers of their exposure...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
07 November 2025

Pertamina’s Bagus talks strategic finance

Andy Bagus, senior vice-president treasury and strategic finance, at Indonesia’s national oil company Pertamina discusses project and export finance strategy amid a volatile...

Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....