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Evening Standard
Evening Standard
Business
City Spy

Issa brothers in £500 billion accounting error

Spy Mohsin Issa

The Issa brothers’ debt levels have been a hot topic in the business press for some time. But Spy was taken aback to find out just how steep they are. 

In recent annual accounts, one of their firms, EG Finco, claims to have taken out a "Tranche B Euro loan of €591,042m" or about half a trillion pounds. Could this be the biggest corporate debt deal in history? 

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