Tag: debtholders
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Cazoo debtholders draft in bankers forward of crunch talks
Lenders to Cazoo, the British-based on-line automotive retailer, have enlisted bankers to spearhead talks with the company a few £510m debt restructuring. Sky Information understands that the holders of convertible notes due for compensation in 2027 have engaged PJT Companions to advise them on negotiations with the company. The discussions had been flagged by Cazoo…