Through a refinancing deal, Stead & Simpson will have £10 million (€14.6m-$20.0m) of its debt turned into equity by HBOS, the bank with which the British retailer broke its covenants last January. An additional £12 million (€17.5m-$23.8m) will be written off, and another £8 million (€11.7m-$15.9m) will be invested into ...
Your membership benefits:
If you aren’t ready to subscribe now, choose the 30 day trial for 1€. To continue reading this article REGISTER NOW.