Asda’s Debt Shake-Up Offers Little Relief to Troubled Grocer

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UK grocer Asda is facing higher borrowing costs after refinancing £3.2 billion ($4 billion) of its debt, a legacy of its takeover by the Issa brothers and private equity firm TDR Capital.

Asda’s Debt Shake-Up Offers Little Relief to Troubled GrocerIndia’s Reserves Drop as Foreigners Pull Money From Bond MarketOPEC+ May Need to Tackle Oil Capacity Conundrum Next MonthKey Toronto Homebuying Season Turns in Buyers’ Favor This YearJPMorgan Unveils IndexGPT in Next Wall Street Bid to Tap AI BoomTraders Pull Forward First Full Fed Rate Cut to November Ahead of JobsAmgen Soars After CEO Gives Update on Experimental Obesity DrugApple’s $110 Billion Stock Buyback Plan is Largest in US...

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