REDgroup Retail extends debt, working capital

Tuesday, 9 June 2009 Books+Publishing

REDgroup Retail, the parent company of bookselling chains Angus & Roberston, Borders and Whitcoulls, has announced it has ‘completed negotiations to refinance its existing senior debt and working capital facility due December 31, 2009'. The group, owned by private equity firm Pacific Equity Partners (PEP), announced to the NXDX debt...