Asda has refinanced its billion-pound debt pile as the supermarket seeks to put its finances on a stronger footing after the billionaire Issa brothers saddled the firm with debt when they bought it ...

Asda is the only major supermarket in the UK that currently offers Blue Light Card holders these benefits. And despite the adjustment in discounts, Blue Light Card holders will still enjoy access ...

Asda said strong investor demand enabled it to raise £1.75 billion of senior secured notes and to refinance its £900 million Term Loan B. The new senior secured notes and term loan are due to mature ...

Asda raised £1.75bn of senior secured notes and upsized a £900m Equivalent EUR Term Loan B by £200m, while it used close to ... Asda holds a 13.4% share of the UK grocery market, making it the third ...

Asda owners piled on nearly £1.5bn of new liabilities that are not counted in the supermarket’s headline debt figures to finance the buyout of EG Group’s petrol stations business.

The billionaire Issa brothers borrowed a further $9m (£7m) from their petrol forecourts empire last year to pay for their private jets, new documents reveal. EG Group lent the money to personal ...

The firm said it finalised refinancing on over £3.2billion of its £3.8billion debt, which was mainly accumulated when the Issa brothers and private equity giant TDR Capital bought the group.

Story continues The company’s underlying cash flow rose 31 per cent to £776m, which allowed the company to repay a £200m Co-op loan early and reduce leverage from 3.0 times to 3.9 times. Michael ...

Issa brothers and private equity firm TDR used property sale and leasebacks as well as borrowing against ground rents ...

UK supermarket chain Asda has successfully refinanced over £3bn of debt ... raised £1.75 billion of senior secured notes and refinanced its £900 million Term Loan B. The Term Loan B was secured at a ...