Paperchase set for administration, Permira holds the debt

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Paperchase set for administration, Permira holds the debt

AdobeStock_loan_agreement_575x375_25June2020
Business loan agreement or legal document concept : Fountain pen on a loan agreement paper form. Loan agreement is a contract between a borrower and a lender, a compilation of various mutual promises. | William W. Potter - stock.adobe.com

UK stationery retailer Paperchase has submitted a notice of intent to appoint administrators, as it struggles to cope with the effects of lockdowns and disruption to Christmas sales.

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