Betfred Completes Refinancing

BETFRED COMPLETES REFINANCING

14th December, 2016 at 16:18:22
Source: http://www.azonlinecasinos.com

195 million refinancing package.

UK betting firm Betfred has completed a 195 million refinancing package following its 55 million acquisition of 322 retail betting properties from the Gala Coral Ladbrokes merger.

The senior debt package has been provided by a four-bank arrangement with RBS, Barclays, Lloyds Bank and Yorkshire Bank.

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