Crunch time for United Biscuits as it refinances acquisition loan

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Crunch time for United Biscuits as it refinances acquisition loan

Bianca Boorer
August 01, 2017 12:00 pm
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Milk Chocolate Biscuits | MARTIN LEE/Whitebox Media - stock.adobe.com

United Biscuits, the maker of McVitie’s biscuits and Jacob's crackers, is to sign a £725m syndicated loan facility in the coming weeks to refinance a loan taken out in 2015 to fund its acquisition by Turkey’s Yıldız Holding.

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Bianca Boorer
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