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SecuritizationCLOs-CDOs

Britvic holds on to £400m revolver despite merger with AG Barr

Britvic, the UK drinks company, will keep its £400m revolving bank facility in place after its merger with AG Barr, the makers of Irn-Bru. The all-share merger, which was announced on Wednesday, will leave Britvic shareholders holding around 63% of the new firm and AG Barr shareholders taking the remaining 37%.

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