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Oh, brother... the Issas in £500bn accounting error
December 15, 2023
|Evening Standard
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.
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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? Turns out it was just a typo.
هذه القصة من طبعة December 15, 2023 من Evening Standard.
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