The refinancing of the credit facility reduces borrowing cost and improves cash flow to accelerate the strategic, long-term growth plans of DyStar. A further benefit of the transaction is the release of worldwide assets that were pledged as security for the SBI credit facility.
“This transaction was one of many strategic steps in the process of establishing DyStar as long-term supplier of textiles dyes, chemicals and services to the global textile market and it’s comforting to have this financial flexibility worldwide in time when many global economies are facing difficulties” says Harry Dobrowolski, CEO of Dystar.
| On 4th Aug 2021
The US Federal Trade Commission (FTC) recently voted to retain the...
| On 4th Aug 2021
The UK Fashion & Textile Association (UKFT) has started working with...
Kontoor Brands, an American apparel company with denim brands like...
National Institute of Fashion Technology
Campus placements are low due to lockdowns
Still struggling to mop up higher sales
Multi-functional garments will be next big thing
Established in 2015, Once Upon A Trunk is a one-stop-shop with almost...
In the financial hub of eastern India, Kolkata, a humble production...
Dhruv Toshniwal & Udit Toshniwal
Launched a year ago, Fashions Pvt Limited conceptualises and sees D2C...
Pranesh Sridharan & Berndt Koll
The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...
From May 14 to 17, international exhibitors will present the entire...
Sameer Sonkusale & Rachel Owyeung
A team at the Tufts University in Massachusetts was recently in news for...
Sarah Denise Cordery
Sarah Denise Studio
Manchester, England-based Sarah Denise Studio provides relevant fashion...
Gramin Vikas Evam Chetna Sansthan
Ruma Devi is a jet-setting promoter of artisans who has empowered...
Label Archana Jaju
<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...
Letter to Editor
Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.
Subscribe today and get the latest information on Textiles, Fashion, Apparel.