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Macro Finance

Victoria Plc Wins Support for Debt Deal After HSBC U-Turn

Bloomberg Markets·July 23, 2026·1 min read

Troubled UK carpetmaker Victoria Plc secured enough bondholder support for a consensual debt restructuring after HSBC Holdings Plc backed the plan at the last minute, averting a costlier, more time-consuming court process. The deal avoids a lengthy legal battle and provides financial stability for the company.

Read at Bloomberg Markets
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