Rizzo obtains an expensive SEK 30m loan

VRG Rizzo

Rizzo Group, the troubled Swedish retailer of bags, footwear and accessories, reached an agreement to obtain a SEK 30 million (€3.0m-$3.4m) loan from Zenith Management AB. Rizzo has the right to repay of the loan in shares.

Already a Shoe Intelligence subscriber? Sign in here.

barrier_image_SI

Limited Time Offer!

Subscribe today with 50% off your first year. Cancel at anytime

  • Insights you won’t find anywhere else about footwear brands and retailers and the footwear market
  • Highly trusted business information you can rely on to make important decisions
  • Guest chronicles, interviews, insights from industry experts and leaders that are shaping the future of the industry

 

To continue reading this article Register Now. For corporate membership and enquiries see our corporate membership page.