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April 17, 2018 / 11:11 AM / 5 days ago

BRIEF-Uttam Galva Steels Says Offer To Settle Outstanding Debt Not Yet Accepted by Co's Lenders

Reuters Staff

1 Min Read

April 17 (Reuters) - Uttam Galva Steels Ltd:

* CLARIFIES ON NEWS ITEM ON CO OFFERING TO PAY BACK FULL DEFAULT AMOUNT

* SAYS CO MADE PRELIMINARY OFFER TO SETTLE OUTSTANDING DEBT AMOUNT TO CO’S LENDERS

* PRELIMINARY OFFER NOT YET BEEN ACCEPTED BY CO'S LENDERS Source text - bit.ly/2HH9RpM Further company coverage:

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