New Look completes refinancing scheme

// New Look completes refinancing scheme
// The scheme includes a debt-for-equity swap to reduce debt from £500m to £100m
// There is also a £40m cash injection to help steer New Look’s business planNew Look has announced that it has completed a major restructuring of its finances to reduce its costs after sales were hit by the coronavirus pandemic.
The fashion retailer confirmed that in light of the High Court’s sanction of New Look Financing PLC’s Scheme of