Brief: Franchise Group Inc To Repay $400 Mln Of Debt With Proceeds From The Sale Of The W.S. Badcock Consumer Credit Accounts Receivable Portfolio
20/12/2021 21:12
Dec 20 (Reuters) - Franchise Group Inc FRG.O :
* FRANCHISE GROUP, INC. TO REPAY $400 MILLION OF DEBT WITH
PROCEEDS FROM THE SALE OF THE W.S. BADCOCK CONSUMER CREDIT
ACCOUNTS RECEIVABLE PORTFOLIO
* FRANCHISE GROUP INC - FRG RECEIVED $400 MILLION IN CASH
PROCEEDS
FROM TRANSACTION, WHICH COMPANY INTENDS TO USE TO REPAY DEBT
Source text for Eikon: ID:nGNX886RtS
Further company coverage: FRG.O
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