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Tunnel finance

4th October 1986, Page 12
4th October 1986
Page 12
Page 12, 4th October 1986 — Tunnel finance
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Which of the following most accurately describes the problem?

• The Eurotunnel group has issued a preliminary prospectus detailing its plans to raise up to 25 billion to pay for the construction of the Channel Tunnel. The first £206 million will be raised in an international share issue next month.