Visitors are walked through a new Debenham department store in Watford, Britain, September 24, 2018. REUTERS
Feb 17 (Reuters) – British fashion retailer Debenhams on Tuesday confirmed plans for a 35 million pound ($47.52 million) equity fundraise to boost liquidity and cut its net debt.
The board is in advanced talks with its lending syndicate to secure additional financial flexibility.
Reporting by Nithyashree R B in Bengaluru; Editing by Mrigank Dhaniwala
