THE owner of Mappin & Webb, Watches of Switzerland and Goldsmiths is poised to agree a debt for equity swap to halve its borrowings. Aurum Holdings, chaired by House of Fraser director Don McCarthy, was putting the finishing... [read full story]
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Jeweller set for expansion after cutting debt The group behind jewellers Goldsmiths and Mappin & Webb has agreed a refinancing deal that will slash its borrowings and help pave the way for further expansion, it emerged today....
Aurum Holdings, the owner of Goldsmiths, Mappin & Webb and Watches of Switzerland, has almost halved its debt burden through a debt-for-equity swap with its lender, Landsbanki. Under the terms of the deal, announced yesterday,...
Aurum Holdings, the owner of Goldsmiths, Mappin & Webb and Watches of Switzerland, has almost halved its debt burden through a debt-for-equity swap with its lender, Landsbanki. Under the terms of the deal, announced on Sunday,...
Aurum, Britain's biggest private jewellery business - with brands including Mappin & Webb and Goldsmiths - is believed to have agreed a refinancing with its lenders that will cut its debt by more than a third. Borrowings of...
Aurum, Britain's biggest private jewellery business - with brands including Mappin & Webb and Goldsmiths - is believed to have agreed a refinancing with its lenders that will cut its debt by more than a third. Borrowings of £42...
