Gala Coral secures debt re-financing

This story was published more than 12 years ago.

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

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.

Source: InfoPowa News