GFG Alliance

GFG Alliance says it can pay back creditors after major restructuring

GFG Alliance says it can pay back creditors after major restructuring

The GFG Alliance owned by commodities tycoon Sanjeev Gupta said that it was progressing with a major restructuring, and that will allow it to pay back creditors after its main lender Greensill Capital collapsed in March. They gave a statement that this in turn will allow GFG to refocus its business, protect jobs and develop…