#8835653, By timo180 The all-new Premier League thread

  • timo180 4 Jul 2012 08:09:52 2,714 posts
    Seen 1 year ago
    Registered 15 years ago
    SuperCoolEskimo wrote:
    Utd are moving to the Cayman Islands to dodge tax.

    They also admit in IPO doc 'our indebtedness could adversely affect our health and competitive position'.

    Would guess most of the funds raised will be used to pay off some of the debt, currently 430m ish.
    Here's the prospectus if anybody is interested, I'm guessing you won't be!

    The admission as to debt is one of only a long list of risk factors that they have to state with regard to the securities being offered. It's pretty standard.
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