Debenhams lenders threaten to withhold stores’ rescue package

// Debenhams lenders say they will convert £100m debt into equity if some landlords agree to rent reductions
// Last week, Debenhams said it would give local authorities an ultimatum aimed at securing business rates cutsDebenhams has reportedly told landlords its lenders may not sign off a debt restructuring unless they consent to further rent cuts.
Last April, lenders to the department store chain committed to convert £100 million of debt into equity.
However, they are now maintaini