There has been refinancing of a fairly large tranche of loans by United Sprits, the flagship spirits arm of Vijay Mallya-led UB Group. The company has announced that it had refinanced £370 million (USD 600 million or Rs 2,675 crore) of the remaining debt taken in 2007 to acquire Scottish spirit maker Whyte & Mackay.
first published: Jul 26, 2011 11:50 am
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