Payless reorganisation plan wins confirmation in US court
A Payless store (Credit: iStock.com/Jen Grantham)
Global discount shoe retailer Payless has won court approval for a reorganisation plan that will eliminate US$335 million of its funded debt through a debt-for-equity swap.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now