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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 £7.8bn in March to £4.28bn, 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 Asda’s Issa Brothers. 

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