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 โrefinanceโ as the banks have provided further waivers in respect of โanticipated covenant breachesโ through until 31 March 2021.
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