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

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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