Norbury Sansom advises Poundstretcher on CVA
Retail property advisor, Norbury Sansom, has helped Poundstretcher, working alongside KPMG, to achieve success in their recent CVA by providing property guidance to interested parties prior to the voting period. This resulted in the CVA being voted through at a level of circa 92%. The business should now be on a much better footing for the future.
Furthermore, Norbury Sansom have been further asked to agree a number of post CVA deals on stores in which Poundstretcher would, if the terms are acceptable, like to stay in occupation.
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