Supermarkets
Asda successfully refinances £3.2bn of debt
This comes after Asda announced a strong financial performance in FY23 delivering a 24% increase in adjusted EBITDA after rent to £1.1bn and a 5.4% rise in like-for-like sales
![](https://b855165.smushcdn.com/855165/wp-content/uploads/2022/04/asda-780x470.jpeg?lossy=1&strip=1&webp=1)
Asda has announced that it has refinanced £3.2bn of debt pushing out the majority of its maturities into the next decade.
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