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De Vere owner completes £650m debt restructure with bank

The Alternative Hotel Group (AHG) which operates De Vere Hotels and Resorts and Village Hotels and Leisure, has successfully completed a £650m debt-for-equity swap with the Bank of Scotland (BoS). As a result of the debt restructuring negotiations, BoS will swap about £650m of debt …

Original post by feedback@caterersearch.com and many thanks to them and their entry and picture of their canopies

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