Asda buyers’ junk bond sale raises £2.75bn for deal
Asda buyers the Issa brothers and their private equity partners have raised a record sterling junk bond to fund the acquisition.
The bond is at the heart of a raft of debt arrangements and asset disposals to fund the £6.8bn takeover of Asda, which is the biggest leveraged buyout in more than 10 years.
Already have an account? Sign in here