Victoria Plc Wins Support for Debt Deal After HSBC U-Turn
Troubled UK carpetmaker Victoria Plc secured enough bondholder support for a consensual debt restructuring after HSBC Holdings Plc backed the plan at the last minute, averting a costlier, more time-consuming...
By Constantine Courcoulas · Bloomberg Markets
Troubled UK carpetmaker Victoria Plc secured enough bondholder support for a consensual debt restructuring after HSBC Holdings Plc backed the plan at the last minute, averting a costlier, more time-consuming court process.