SI Group, a global manufacturer of performance additives and chemical intermediates, has completed a comprehensive recapitalisation that reduces its net debt by approximately $1.7 billion, representing over 80% of its outstanding indebtedness. The transaction, supported by lenders and equity partners, includes amendments to the company's revolving credit facility to enhance financial flexibility. A new institutional ownership group has invested $150 million in junior capital, demonstrating confidence in SI Group's prospects. The Woodlands, Texas-based company will use the investment to fund working capital needs, operational initiatives and growth acceleration. President and CEO David Bradley said the recapitalisation strengthens the firm's financial foundation, enabling continued investment in growth and operational capabilities whilst supporting customers globally.

SIJ Group, a Slovenia-based steelmaker, has secured €25 million in financing from banks including NLB d.d., UniCredit Banka Slovenija d.d., OTP banka d.d., and SID Bank to bolster financial stability amid challenges like increased Asian imports, US tariffs, and high energy costs. In H1, SIJ Group faced a net loss of €23.8 million, with sales revenues down 11% to €518 million. The company is in talks for a long-term refinancing solution to ensure sustainable operations.