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Live Nation borrowings rise $500m while Rapino 'confident' of growth

Live Nation Entertainment (LNE) has raised another $500 million from private lenders in order to pay off more expenses borrowing and leaving the company with a war chest for further possible acquisitions.

Around $220m will be used to redeem debt that is incurring higher interest, leaving LNE, after related costs, with in excess of $260m for potential investments and takeovers.

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Posted on: 18/09/2014Categories: News from Audience Magazine

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