Debenhams plc Update on consent solicitation to bondholders (2948U)

TIDMDEB

RNS Number : 2948U

Debenhams plc

28 March 2019

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

FOR IMMEDIATE RELEASE

DEBENHAMS PLC

Update on consent solicitation to bondholders

Following its announcement of 22 March, Debenhams plc ("the company") today confirms that a majority of holders of Debenhams 5.25% Senior Notes due 2021 (the "Notes") have provided consent to the amendments sought to the existing Notes.

The requisite consent level has therefore been achieved.

A further update will be provided on completion of the consent solicitation process, which will remain open until 5.00pm today.

ENDS

Enquiries:

   Debenhams plc                                       Katharine Wynne, Director of Investor Relations

020 3549 6304

   Lazard (financial advisor)                      Marcus Taylor

020 7187 2319

   Brunswick Group                                   Tim Danaher/Craig Breheny/Fiona Micallef-Eynaud

020 7404 5959

debenhams@brunswickgroup.com

Publication on a website

A copy of this announcement will be made available on Debenhams's website at https://ir.debenhams.com/investor-overview.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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March 28, 2019 03:02 ET (07:02 GMT)

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