Asda owners add £1.5bn of liabilities to fund EG Group petrol station deal

Asda owners piled on nearly £1.5bn of new liabilities that are not counted in the supermarket’s headline debt figures to finance the buyout of EG Group’s petrol stations business.
The grocery chain revealed a £2bn takeover of the UK and Irish operations of EG Group last year, which is also owned by the billionaire Issa brothers and private equity firm TDR Capital.
According to The Financial Times, new documents accompanying a new bond sale show the deal was achieved by cr