Summary
SKELMERSDALE-BASED out-of-town discount chain Matalan is expected to increase the number of its stores after completing a pounds 300m refinancing to simplify its debt structure.
The deal comes less than a week after LDP Business revealed that the creditworthiness of loans made to the retailer had been downgraded due to "difficult trading conditions".See the full content of this document
Extract
Matalan Secures Pounds 300m Bank Loans to Finance Expansion
Ratings agency Moody's said it had downgraded Matalan's cor...
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