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United Spirits recasts remaining debt of Whyte & Mackay

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.

July 26, 2011 / 12:42 IST
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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

TAGS: #Business #Ravi Nedungadi #UB Group #united sprits #Whyte & Mackay #Whyte & Mackay debt recast
first published: Jul 26, 2011 11:50 am

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