Truworths International’s struggling UK business is out of the woods, for now, having successfully restructured its debt.
The JSE-listed group said on Thursday that Standard Bank, its principal SA banker, would provide a £32.5m facility to refinance its Office footwear retailing business in the UK.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK car production up for the first time in 15 monthsBritish car production increased by an annual 3.3% in August, the first rise in 15 months, helped by several factories having moved their summertime shutdowns to April in preparation for the original Brexit date, an industry body said on Thursday
Source: TimesLIVE - 🏆 28. / 59 Read more »