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UK Department Store Group Debenhams Requests Five-Month Rent Freeze

PYMNTS

The group also recently asked for a drop in business rates and rent in relation to its balance sheet restructuring, which could potentially involve a process that would turn 100 million pounds ($122.4 The chain went through two insolvency events in 2019, and it expects the virus to adversely affect trading. million) of debt into equity.

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Transcript: Maria Vassalou

Barry Ritholtz

And as the time goes by, I think the two lines get blurred also because of technology, because of the increased presence of retail investors in the markets. VASSALOU: — which are effectively retail investors. And also Leadership by Henry Kissinger, because I think we are in a very important time for global world order.