Advertisement
High Street

Card Factory confirms refinancing plans

The group claimed that the banks had taken into account the company's cash flow projections and that it had continued to engage in 'constructive discussions' with the retailer

Card Factory has issued a liquidity update which confirmed the groups intentions to “refinance” as the banks have provided further waivers in respect of “anticipated covenant breaches” through until 31 March 2021.

Check out our free weekly podcast

Back to top button