Debenhams on brink of securing £200m funding lifeline
21 March 2019
Debenhams is on the verge of securing a £200m funding lifeline from lenders that would position the ailing department store chain to evade the clutches of Mike Ashley, its biggest shareholder.
Sky News has learnt that Debenhams could announce as soon as Friday that it is close to finalising larger-than-expected borrowing facilities as it seeks to shore up its finances.
Read the full story on Sky News.