Entertainment

HMV granted breathing space by banks

By 20 January 2012

HMV has revealed its banks have relaxed its terms in a move that will have a “materially positive impact on the Group's profitability and cash flow”.

UPDATED: Struggling entertainment retailer HMV has revealed its banks have relaxed its terms and given it more headroom in a move that will have a “materially positive impact on the Group’s profitability and cash flow”.

 

Already have an account?

Want to read more?

Register for LIMITED guest access

Register now

Get premium access

£5 A MONTH for 3 months

Subscribe now