Bankers and suppliers throw HMV a bone

Struggling entertainment media and hardware seller HMV has been given a bit of breathing space by its bankers and suppliers.

Struggling entertainment media and hardware seller HMV has been given a bit of breathing space by its bankers and suppliers.

The group said the banking syndicate has has agreed to amend the covenant package on HMV's existing borrowings, after the group secured the support of key suppliers, albeit at a price.

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