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Tetley group goes for debt refinance (India Infoline)
Tata Tea Limited on Wednesday announced the closure of the refinance of entire debt that was outstanding in Tata Tea (GB) Ltd, the SPV that holds 100% equity of the Tetley Group Ltd., UK. As a result, the residual debt outstanding, as on February 4, 2005, out of the first refinance that was concluded in February 2003 has been fully paid off and replaced by a fresh more cost effective debt.

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