Fashion Network Archives - ׶Ƶ Know More. Risk Better.® Tue, 21 Jul 2020 21:29:44 +0000 en-US hourly 1 /wp-content/uploads/cropped-favicon-512x512-1-32x32.png Fashion Network Archives - ׶Ƶ 32 32 Matalan seeks extra cash as it prepares for post-Covid-19 future https://hk.fashionnetwork.com/news/Matalan-seeks-extra-cash-as-it-prepares-for-post-covid-19-future,1214828.html#new_tab Mon, 11 May 2020 08:00:00 +0000 http://creditsights.local/matalan-seeks-extra-cash-as-it-prepares-for-post-covid-19-future/ Matalan has £480m of bonds in issue, with £350m maturing in 2023 and £130m in 2024. ׶Ƶ analyst Neill Keaney told The Sunday Times that a more drastic restructuring of the balance...

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Matalan has £480m of bonds in issue, with £350m maturing in 2023 and £130m in 2024. ׶Ƶ analyst Neill Keaney told The Sunday Times that a more drastic restructuring of the balance sheet was a matter of “when” rather than “if”. A debt-for-equity swap or pre-pack administration could be on the cards for the business, he added.

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