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EG Group to amend and extend loan following Asda deal

Proceeds from the sale will enable it to reduce its net debt from ยฃ7.8bn in March to ยฃ4.28bn, reducing net leverage from 6.3 times to 4.9 times

Retail and petrol forecourt company, EG Group, has announced that it will seek to amend and extend its banking loans following the sale of its UK operations to Asdaโ€™s Issa Brothers.ย 

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