Under fire Woolworths renegotiates debt, says report
December 10, 2007
Struggling high street chain, Woolworths is understood to be under pressure to renegotiate its debt.
A report in The Sunday Telegraph claims that the retailer’s banks are concerned it does not have enough security to cover the reported £225m debt they have lent the company.
Woolworths is reported to have hired KMPG to organise a new […]