High Street struggler Mothercare is seeking outside financing as it races to seal a rescue package by the middle of May.
The troubled chain has been working with investment bank Rothschild to explore alternative financing options beyond its current lenders, The Sunday Telegraph understands.
Accountancy giant KPMG is handling separate discussions with HSBC and Barclays over Mothercare’s existing debt.
Start your free trial today
Your trusted daily source of commercial real estate news and analysis. Register now for unlimited digital access throughout April.
Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
