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CARD - Card Factory News Story

94p 1.0  1.1%

Last Trade - 10/05/21

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £317.7m
Enterprise Value £606.4m
Revenue £356.4m
Position in Universe 714th / 1821

Banks give Card Factory another debt waiver

Wed 31st March, 2021 12:23pm
March 31 (Reuters) - Card Factory  CARDC.L  said on
Wednesday its lenders have given the greeting card retailer
another waiver to avoid expected covenant breaches until the end
of April.
    The waiver, the third since the start of the year, comes as
the company hopes to reopen its stores in April, in line with
Britain's plan to ease COVID-19 restrictions in phases. 

 (Reporting by Yadarisa Shabong in Bengaluru; Editing by
Ramakrishnan M.)
 ((Yadarisa.Shabong@thomsonreuters.com; Twitter: https://twitter.com/Yadarisa;
 +919742735150;))
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