Gala Coral Gets Re-Financing

Gala Coral Gets Re-Financing Big money boost for UK gambling group

According to the latest reports from the UK online and land gambling group Gala Coral, it has managed to cope with its corporate debt by nailing a re-financing agreement worth GBP1.6 billion.

The above mentioned debt amounts to GBP1.55 billion, and it will mature in 2013, but the company has decided to pursue the re-financing now with an aim to exploit the current, favorable market conditions and make further investments into the business.

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