Sources said the conglomerate may also use the funds to prepay a $750-million mezzanine debt facility, which was also taken to help finance the purchase of the twin cement assets, billed as the biggest takeover in India’s building materials industry to date.
Fed’s Jefferson urges patience on rates; Kashkari sees more hikes ahead
Federal Reserve Vice Chair Philip Jefferson stated that he sees no immediate need for further interest rate adjustments. He emphasized that future decisions would depend