Iron & Steel Co.

 

  • One of the largest iron & steel company in Turkey having 2 million ton/annum steel billets production capacity

  • The company was highly leveraged due to a Leveraged Buy Out

  • Debt was 60% higher than the company’s revenues

  • CFO position was assumed in the  company and board membership responsibility was assumed in other various group companies

  • Debt stock was managed during the financial crises without any default

  • Cash was generated for some of the equity need of Group’s new venture which was at the establishment stage at those years

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