Manchester United agree to new $550m funding deal

via media.zenfs.com

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Manchester United have had to agree a hefty interest rate rise after renegotiating part of their £1bn-plus debt. United owed $425m (£317m) of their overall debt in bonds that were due to mature on 25 June 2027. Manchester United have taken out a further $125million in long-term debt following a refinancing of borrowings related to […]

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