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By fiscal year (FY) 2011 , however, the company had managed a turnaround and posted a post-tax profit of GBPI ,035.90 million.7 In 2011/12, JLR...

This question was created from Case 2-Jaguar


What factors allowed JLR to refinance its 2011 debt at a much lower coupon? In bps, by how much did JLR's debt costs improve? Of this, how much was due to lower overall interest rates and how much due to JLR's improved credit standing?


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