date:Jun 29, 2012
fore interest, tax, amortization and depreciation ofabout 350 million euros.
While a new deal for Iglo could have attracted a debt package ofaround six times its annual earnings, increasing Iglo's debt bysome 700 million euros, banks could be reticent about providingthat much in a refinancing, particularly when there had beensuch a difference of opinion over price between buyer andseller, one banker told Reuters.