Swiss Steel meets with banks over equity measures to boost financing

Swiss Steel Holding AG

09/11/2020 06:11

ZURICH, Nov 9 (Reuters) - Swiss Steel  STLN.S  said on
Monday it is evaluating equity measures to strengthen its
long-term financing concept and has met with banks, its biggest
shareholders and potential investors.
    "The aim of the investor discussions is to further
strengthen the equity base in order to give the company greater
entrepreneurial freedom and increase its reserves," the
steelmaker said in a statement. 

 (Reporting by John Miller, editing by John Revill)
 ((J.Miller@thomsonreuters.com; +41 58 306 7734; Reuters
Messaging: j.miller.thomsonreuters.com@reuters.net))