RE: Shorts6 Feb 2024 13:55
.... discussions for “options… which MAY include a possible cash offer”. .... and then again, MAY NOT and how much anyway might it actually be worth?… Onerous leases to be haggled over....uuuuurrgghh, its a right old pickle. The financials are dreadful and current lenders are Bantry Bay, the “creative debt capital solutions to corporates undergoing "change" 😂 and a facility with “restructuring” specialist, 😅 Hilco Capital. With their profiles will other "bankers" have their barge poles out??
Bantry Bay provides Superdry with £80m financing
23rd December 2022
Bantry Bay is pleased to announce that it has provided a loan facility of £80m to Superdry, the global fashion brand.
The financing package will replace the existing £70m asset-based lending facility which was due to expire at the end of January 2023. Pay day lending gone large.... deeper and deeper down ....