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Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

The Australian Financial Review (AFR) •
November 11, 2026 • 03:38 AM
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Progress on the raising comes as Gupta’s languishing empire GFG Alliance on Tuesday struck a deal that would allow him to retain control of Infrabuild.

Sanjeev Gupta’s Infrabuild secures $375m in debt after legal win

Jefferies Australia faced a Herculean task when the investment bank was tapped by British-Indian industrialist Sanjeev Gupta’s InfraBuild to oversee a $750 million refinancing of its bonds.

But weeks in, the major steel manufacturer’s bankers have managed to make a sizeable dent.

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