Update: Announcement of additional distribution - 7 October 2019

Following the Joint Administrators' announcement dated 17 April 2019, a
copy of which can be found here, the Joint Administrators have made a further distribution to the subordinated creditor given the progress made in the administration.

  • £45m on 4 October 2019

This brings the total distributed to date to the subordinated creditor, in respect of its subordinated debt for both principal and interest, to £1,978m.

Contact us

Ed  Macnamara

Ed Macnamara

Partner, Head of Restructuring, PwC United Kingdom

Tel: +44 (0)7739 873104

Alison Grant

Alison Grant

Director, PwC United Kingdom

Tel: +44 (0)20 7804 7933

David Kelly

David Kelly

Restructuring and Insolvency Partner, UK Head of Insolvency, PwC United Kingdom

Tel: +44 (0)7974 332659

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