Hilco UK confirms that it has acquired HMV’s debt from the Group’s lenders. It has not bought the business itself.
Hilco believes there to be a viable underlying HMV business and will now be working closely with Deloitte who, as Administrators, are reviewing the business to determine future options.
For further information, please contact:Deloitte LLP
James Igoe: 020 7303 8247Brunswick
Mike SmithNick CosgroveHelen Smith
020 7404 5959