In The Press June 24, 2020

Backers Have Been Tied In Knots By Intu’s Tangled Debts (The Times)

The owner of some of Britain’s biggest shopping centres is holding emergency talks with its lenders before a deadline to agree covenant waivers with a group of seven banks behind £600 million of loans. Simon Thomas, Financial Restructuring partner at Goodwin describes the hope that 18 months is sufficient for retailers to recover from the pandemic. Read the article in The Times here