….another thing I like which I had missed in reading about the favourable refinancing arrangements was that the refinancing was for 500 million. Which means allowing for the actual debt itself and the cost of doing this deal is leaves them plenty of leeway.
Compared to the last attempt to acquire PRT has anyone got the comparison’s?
Glad to see this happen at last. Was not expecting that.
Ann: SWM Acquisition of Prime Media, page-10
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