Entries in 'lenders' (5)
HMV’s admission last week that it may well breach its bank lender covenant has led to a weekend of fervent speculation in the media.
One way or another, GAME as we know it has GONE, and may be replaced by something entirely different on Monday.
A source close to OpCapita has told MCV that chief lender RBS must act fast to save GAME before it slips into administration at the weekend.
It appears that GAME's chief lenders have thrust the retailer back toward the brink of administration by rejecting the offer tabled by Comet owner OpCapita.
A UK and Ireland Christmas sales slump of 17.6 per cent for the eight weeks ending January 7th has lead GAME to admit that it might have to rely ...