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Co-op agrees £1bn refinancing

30th July 2012

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Peter Marks, the Co-op's group chief executive

Peter Marks, the Co-op's group chief executive

THE Co-operative Group - the Manchester-based food, finance to funerals group, has agreed a £950m refinancing deal with a club of banks.The mutually-owned organisation, which is set to acquire more than 600 branches fom Lloyds Banking Group, said the senior debt facilities have the capacity to be increased to £1bn.The refinancing replaces and enhances existing facilities that ma......for the full story register now for free or login below...


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