Towergate: bond issue is still on 'to do' list

Andy Homer Towergate

Towergate is keeping the brakes on its £665m bond issue in response to little improvement in the financial markets.

In May, Post revealed that Towergate had appointed JP Morgan to advise it on a bond issue in order to restructure its debt.

However, it postponed the move less than a fortnight later, in order to wait

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