Sunday, January 15, 2006 

This is Money: DIY chain buys time with £200m deal DIY giant Focus has averted a financial crisis by renegotiating its bank loans - but at the cost of a big increase in its interest bill. The company, with 256 outlets, admitted last year that it was likely to breach its banking covenants, the financial limits laid down in loan agreements.
posted by Webmaster  @ 1:40 PM 1 comments

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