Tag: debt refinancing
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Local Banks Front N$6 Billion to Refinance Namibia Eurobond Debt
Overview: Banks step in to refinance Namibia’s Eurobond burden In a decisive move that could shape the country’s public finances for years to come, Namibian banks have mobilized approximately N$6 billion to help settle a portion of the government’s outstanding Eurobond obligations. This collaboration among local lenders marks a notable instance of the domestic banking…
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Asda Sale-Leaseback Raises Almost £600m: What It Means for the UK Retail Giant
Overview: Asda’s asset-backed financing in a challenging retail moment UK supermarket chain Asda, owned by private equity group TDR Capital, has secured close to £600 million through two sale-and-leaseback transactions. The deals involve selling property assets to raise funds while continuing to operate stores under long-term lease agreements. The financing is aimed at shoring up…