Turnaround firms looking to acquire HMV debt - report

Possible interested parties include Hilco, which was linked last year with a potential bid for HMV and eventually bought its Canadian business.

The retailer's debt is estimated to stand at about £175million when it issues full-year results in the coming weeks. It is in the process of agreeing new terms with its group of eight lenders in a deal that is expected to be completed in July.

Source: This is Money

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