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Debenhams falls into hands of lenders

Shops will continue to trade while lenders comprising High Street banks and US hedge funds take charge.

Hundreds of thousands of customers will now receive smaller compensation payouts for mis-sold loans.

Borrowers that are receiving financing in the current environment are finding that it is not a one-size-fits all market.

The chain completes a 200m deal to stay afloat, and leaves the door open for a bid from Sports Direct.

Debt and equity capital remains plentiful for players targeting the sector.

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