Betfred Completes Refinancing

GBP 195 million refinancing package

UK betting firm Betfred has completed a GBP 195 million refinancing package following its GBP 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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