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Edcon completes US$2.1 billion debt restructuring

By Benjamin Clarke

07 February 2017

South African clothing retailer Edcon has finalised the restructuring of its 29 billion rand (US$2.1 billion) debt burden following court approvals in Johannesburg and New York.

Edcon completes US$2.1 billion debt restructuring Johannesburg (Credit: iStock.com/Bank215)