Update: Announcement of additional distribution - 31 January 2020
Following the Joint Administrators' announcement dated 7 October 2019, the Joint Administrators have made a further distribution to the subordinated creditor given the progress made in the administration.
- £244m on 30 January 2020
This brings the total distributed to date to the subordinated creditor, in respect of its subordinated debt for both principal and interest, to £2,222m.
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Chief Finance and Administrative Officer for Lead Advisory and Restructuring, PwC United Kingdom
Tel: +44 (0)7739 873104
Performance and Restructuring Partner, UK Head of Insolvency, PwC United Kingdom
Tel: +44 (0)7974 332659
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