28 Mar 2019 07:00
28 March 2019
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION
FOR IMMEDIATE RELEASE
DEBENHAMS PLC
Update on consent solicitation to bondholders
Following its announcement of 22 March, Debenhams plc ("the company") today confirms that a majority of holders of Debenhams 5.25% Senior Notes due 2021 (the "Notes") have provided consent to the amendments sought to the existing Notes.
The requisite consent level has therefore been achieved.
A further update will be provided on completion of the consent solicitation process, which will remain open until 5.00pm today.
ENDS
Enquiries:
Debenhams plc Katharine Wynne, Director of Investor Relations
020 3549 6304
Lazard (financial advisor) Marcus Taylor
020 7187 2319
Brunswick Group Tim Danaher/Craig Breheny/Fiona Micallef-Eynaud
020 7404 5959
debenhams@brunswickgroup.com
Publication on a website
A copy of this announcement will be made available on Debenhams's website at https://ir.debenhams.com/investor-overview.
Debenhams (DEB)