Retailer has £200m lifeline from rescue package and is close to announcing new chief
Debenhams is lining up a £50m cash buffer from its lenders as it braces for a difficult Christmas trading period.
The ailing department store, which is owned by a consortium of banks and hedge funds after falling into administration in April, is lining up the funds in addition to a £200m lifeline put up as part of a rescue restructuring completed in May.Continue reading...
From our friends over at the : Business | The Guardian
You can see the Full Story: Click Here