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


Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...

Perspective
10 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...