Wednesday, 28 March 2012
Formula One finances…why the new loan?
An interesting statement on Formula One’s website today touted the re-financing of the long-term structured debt that owners CVC Capital Partners posses.  The deal would reclassify the long-term note for an additional four years.  Here is the statement: Formula One Group has launched a process to extend its current financing facilities. This will involve raising $2.27bn of new facilities
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