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Engineering firm GKN has closed its UK defined benefit pension schemes to future accrual, and plans to use proceeds from a debt issuance to plug a £1bn deficit on its UK post-retirement obligations.

Angus Peters | July 31, 2017

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GKN scheme closures and debt issuance to combat £1bn deficit

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GKN scheme closures and debt issuance to combat £1bn deficit

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