Matalan, real recap ready?


Market Wrap

Matalan, real recap ready?

Lara Gibson's avatar
  1. 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.

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