Tottenham Hotspur FC completes £637 million stadium refinancing


LONDON (Reuters) - Tottenham Hotspur Football Club has completed a 637 million pound stadium refinancing package that included a bond issue to U.S. investors and a term loan, the company said in a statement.

The English football club said on Friday it has raised 525 million pounds from issue of long-term bonds to U.S. investors through a private placement, and another 112 million pounds from a loan from Bank of America Merrill Lynch, who also managed the bond issue.

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