Baby products retailer Mothercare in refinancing talks with lender
04/05/2023 07:31
May 4 (Reuters) - Baby products retailer Mothercare
MTC.L said on Thursday it had begun discussions with its
lender to change, renegotiate, or refinance its debt facility
due to higher interest rates.
The group also said it expects to report full-year core
profit before adjusted items in the range of 6.5 million pounds
to 7 million pounds.
($1 = 0.7948 pounds)
(Reporting by Muhammed Husain in Bengaluru; editing by Uttaresh
Venkateshwaran)
((Muhammed.Husain@thomsonreuters.com;))