Oh, brother... the Issas in £500bn accounting error
Evening Standard|December 15, 2023
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.
Oh, brother... the Issas in £500bn accounting error

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.

This story is from the December 15, 2023 edition of Evening Standard.

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This story is from the December 15, 2023 edition of Evening Standard.

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