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Poundland has secured a further 10 working days of protection from creditors after seeking an extension to its administration moratorium, giving the struggling discount retailer more time to negotiate a rescue sale while emergency funding keeps its stores trading. The...
#administration#asset-backed lending#corporate restructuring
Poundland is facing a critical 12 November rescue deadline after restrictions on access to its cash and credit facilities reportedly…
#asset based lending#corporate restructuring#creditor protection
GFG Alliance has reached confidential settlement terms with the administrators of collapsed supply chain finance group Greensill Capital over disputed…
#corporate restructuring#creditor recovery#GFG Alliance
US business services group Conduent has completed a US$447m refinancing that extends its revolving credit maturities to May 2029 but…
#Bank of America#Conduent#corporate restructuring