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HMV tunes into loan rescue deal

Monday 06 June 2011 00:00 BST
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HMV, the troubled entertainment retailer, is close to agreeing a refinancing deal that will safeguard its immediate future. Following the group's sale of its book chain, Waterstones, for £53m to Alexander Mamut, HMV is thrashing out a two-year loan deal for about £210m with its lenders.

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