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