Saturday, June 3, 2023

Asda’s owners recycle proceeds of earlier deal to fund EG takeover

Promised £450mn of extra equity comes from a warehouse sale and leaseback that was part of the original Asda buyout
http://dlvr.it/Sq6WXw

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The barbell tolls for fixed income investing

A trend long associated with equity investing is now playing out in the bond markets http://dlvr.it/TDc3ZC