Wed 03/15/2023 05:42 AM
Investors considering the amendment and three-year extension of Motor Fuel Group’s £765 million and €1.087 billion term loan Bs
due in June 2025 say the group benefits from significant scale, strong performance, stable recurring demand, good management and robust free cash flow generation. However, the expected normalization of fuel margins and the company’s planned rollout of additional electric vehicle charging stations are concerns, buysiders said. Cash interest expense will also be...
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