Morrisons pays down debt and extends revolving credit facility
Supermarket giant Morrisons has announced it has paid down a further £200m of debt and extended the maturity of its revolving credit facility to 2030, reducing its overall levels of debt.
Morrisons said the £200m payment meant that, since its acquisition by private equity firm CD&R, the supermarket has now paid down a total of £2.4bn of debt, bringing the overall debt figure down 40% to £3.8bn.
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