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MORE CAPITAL FOR GALA CORAL
04th May, 2011 at 16:13:24
UK gambling group secures mammoth debt re-financing
The UK online and land gambling group Gala Coral
has reportedly secured a corporate debt re-financing agreement worth £1.6 billion...a mere ten months after agreeing a restructuring facility (see previous reports).
Although much of the company's £1.55 billion debt only matures in 2013, the company is apparently moving on the re-financing now in order to take advantage of favourable market conditions and in order to further invest in the business.
Related News Tags: Coral, Gala
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ULTRAPLAY DOUBLE DEAL
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With Mbitcasino and Arcanebet