M Loans: Rescue Package and Cash Investment

m loans: It is understood he has offered the investment in the form of two 50m loans, one of which has already been taken up by Arcadia, which includes Topshop, Dorothy Perkins, Miss Selfridge, Evans and Wallis, according to The Independent. Shopping centre firm Intu warns of big drop in rental income Read more However, landlords want more than 100m from the Green family and for it to be cash rather than loans. As first revealed bythe Guardian last month, Green has offered to invest 100m of new funds in the business to entice landlords into backing a rescue package that includes the closure of about 50 of Arcadia's 570 stores and rent cuts on many more. They also want a detailed business plan outlining how the money will be spent. Landlords believe a cash investment would help Arcadia more than a loan as it would not lumber the retailer with interest payments and also enable it to borrow against the sum. One source said It's about sexy stores combined with the kind of omni-channel offer digital services linked with click and collect that means the customer proposition is again compelling. (news.financializer.com). As reported in the news.