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Update on consent solicitation to bondholders

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RNS Number : 2948U
Debenhams plc
28 March 2019
 

28 March 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

 

DEBENHAMS PLC

Update on consent solicitation to bondholders

 

Following its announcement of 22 March, Debenhams plc ("the company") today confirms that a majority of holders of Debenhams 5.25% Senior Notes due 2021 (the "Notes") have provided consent to the amendments sought to the existing Notes.

The requisite consent level has therefore been achieved.  

A further update will be provided on completion of the consent solicitation process, which will remain open until 5.00pm today.

 

ENDS

 

Enquiries:

Debenhams plc                                       Katharine Wynne, Director of Investor Relations

           020 3549 6304

Lazard (financial advisor)                      Marcus Taylor

                                                               020 7187 2319

Brunswick Group                                   Tim Danaher/Craig Breheny/Fiona Micallef-Eynaud

                                                                020 7404 5959

                                                                [email protected]

Publication on a website

A copy of this announcement will be made available on Debenhams's website at https://ir.debenhams.com/investor-overview.

 


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