New Look eyes debt for equity makeover
syahrir - stock.adobe.com
Embattled UK clothing retailer New Look is embarking on its second round of credit restructuring in two years, after gaining support from its lenders and the majority of its noteholders for a debt for equity swap. It is planning on reducing senior debt from £550m to £100m.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: