UK: Greene King buys back debt
By just-drinks.com editorial team | 16 November 2009
Greene King, the UK ale brewer and pub operator, has repurchased GBP7m (US$11.7m) of company debt.
Greene King said today (16 November) that it has bought back GBP7m of the Greene King Finance plc GBP115m Class B2 Secured Floating Rate Notes due 2036.
It is the intention of the company to arrange cancellation of the Notes in due course, it said.
Greene King reported a 12% rise in volume sales of own-brewed beer in the first 17 weeks of its fiscal year, to 30 August.
Greene King will release its interim results for the 24 weeks to 18 October 2009 at 7am on 1 December.
Sectors: Beer & cider
Companies: Greene King
View next/previous articles
16 Nov 2009 -
16 Nov 2009 -
Currently reading -
UK: Greene King buys back debt
16 Nov 2009 -
13 Nov 2009 -
Related articles
UK: Percy Fox teams with Matthew Clark in UK on-trade
Diageo's wine business in the UK, Percy Fox, has set up an on-trade distribution agreement with Matthew Clark in the country.
UK: Greene King beer sales outshine market
Greene King has said that beer sales outperformed a shrinking UK market in the first 49 weeks of the brewer's fiscal year.
There are currently no comments on this article
Be the first to comment on this article