Securing refinancing deal with White Oak Global Advisors may help bring end to stop-start operations at plants
The owner of Liberty Steel is in talks with the US lender White Oak Global Advisors over a refinancing deal that could help end months of stop-start operations at UK steel plants.
GFG, the metals group run by the industrialist Sanjeev Gupta, has been looking for fresh finance since early March, when its key lender, Greensill Capital, collapsed into administration.
