Wolverhampton & Dudley Breweries said that it would incur a one-off charge of £29m as a result of its £805m securitisation.
However, the company expects to save around £5m a year in interest charges.
Paul Inglett, the group’s finance director, said: 'The new debt structure will significantly reduce W&DB's interest costs, whilst providing increased debt capacity and maintaining operational flexibility for the future development of the estate."
Wolves said it had also finalised the terms of a new £250m bank facility that will further enable it to increase financial flexibility.
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