UPDATE 1-Intu seeks debt waivers, aid as rental payments sink
UK-based mall operator Intu is asking
its banks to waive existing debt covenants and will seek support
from the government’s coronavirus emergency schemes, the company
said on Thursday, as it reported a collapse in rent payments by
tenants.
its banks to waive existing debt covenants and will seek support
from the government’s coronavirus emergency schemes, the company
said on Thursday, as it reported a collapse in rent payments by
tenants.
Posted by Reuters