Mark to Market JSW Steel gets a good deal on JFE joint venture but lenders may be left in limbo Ashish Agrawal 3 min read 08 Dec 2025, 01:54 pm IST JSW and JFE will provide a letter of comfort (a non-binding assurance or guarantee) for the JV’s borrowing, meaning JSW will not be legally liable if the JV defaults. (REUTERS) Summary JSW and JFE will provide a letter of comfort (a non-binding assurance or guarantee) for the JV’s borrowing, meaning JSW will not be legally liable if the JV defaults. Gift this article This is a Mint Premium article gifted to you.
