
Iron & Steel Co.
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One of the largest iron & steel company in Turkey having 2 million ton/annum steel billets production capacity
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The company was highly leveraged due to a Leveraged Buy Out
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Debt was 60% higher than the company’s revenues
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CFO position was assumed in the company and board membership responsibility was assumed in other various group companies
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Debt stock was managed during the financial crises without any default
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Cash was generated for some of the equity need of Group’s new venture which was at the establishment stage at those years
