Royal Mail secures 1.4 billion pounds debt facilities ahead of IPO

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(Reuters) – Britain's Royal Mail has secured 1.4 billion pounds ($2.21 billion) in debt facilities to support the 497-year-old state-owned delivery service as it goes public, Sky News reported on Tuesday without citing sources. The government is expected to announce the details of the privatisation before stock markets open in London on Thursday, the broadcaster said on its website, citing …

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