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Legoland Operator Gets £657 Million New Debt to Refinance Bonds

Source: Bloomberg

Credit & Bond MarketsTravel & LeisureCompany Fundamentals

The operator of Legoland, Madame Tussauds and Sea Life secured £657 million ($890 million) of new funding to address looming debt maturities. The financing reduces near-term refinancing risk for the leisure-park group, although the focus on debt deadlines signals continued balance-sheet pressure.

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