UK Department Store Group Debenhams Requests Five-Month Rent Freeze
PYMNTS
MARCH 16, 2020
The group also recently asked for a drop in business rates and rent in relation to its balance sheet restructuring, which could potentially involve a process that would turn 100 million pounds ($122.4 The chain went through two insolvency events in 2019, and it expects the virus to adversely affect trading. million) of debt into equity.
Let's personalize your content