Asda stares down refinancing challenge ahead of Walmart repayment

Asda Halifax store interior

Asda is staring down at what may be a potentially complex financial restructuring ahead of steep payment owed to its former owner. 

Despite having already refinanced £3.2bn of its borrowings in May, which deferred repayments into the next decade, Asda’s current debt pile sits at approximately £6bn.

 

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