QVC Group filed for Chapter 11 bankruptcy to slash its $6.6 billion debt load
2:06
YahooQuartz
QVC Group filed for Chapter 11 bankruptcy to slash its $6.6 billion debt load
On April 16, QVC Group filed for Chapter 11 to restructure debt from $6.6 billion to $1.3 billion while maintaining normal operations. The QVC bankruptcy and Chapter 11 restructuring proceed under an agreement with most lenders, with U.S. platforms continuing across TV, streaming, apps, and retail. The company said vendors, suppliers, and ...
1 month ago
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