Mike van Dulken on Twitter:
Per Hansen on Twitter:Moody's says Debenhams' refinancing talks could falter, leaving creditors out of pocket; cuts outlook to negative from stable; liquidity profile adequate for time being, but falling share price will have hindered prospects of fresh capital.
Debenhams 2021 unsecured corp debt trading at roughly 41 pence to the GBP. No wonder shares have plunged 90 %
I wonder could we have an imminent Woolworths type event? Debenhams just pull out of Ireland altogether in one go?