Market Wrap
Matalan, real recap ready?
- Lara Gibson
•5 min read
After weeks of speculation on whether a refinancing solution could still be found, amid worsening financing conditions, company advisor Teneo yesterday (September 26th) launched a strategic sale process for Matalan. The cleansing statement followed weeks of crunch talks between the company, its shareholder and first lien lenders, sources close to the situation confirmed to 9fin.