Frasers Group offers Debenhams cash injection amid debt refinancing

Frasers Group is looking to tighten its grip on Debenhams, formerly Boohoo, by offering a cash injection amid the retailer’s debt refinancing talks.
The retail giant has demanded a meeting with the retailer’s non-executive chairman Tim Morris to discuss the possibility of becoming a lender to the business, The Telegraph reported.
Frasers wrote to Morris in a letter via lawyers White & Case that it “has been seeking to arrange an urgent meeting between Mr Ashley and you as t