WebFeb 2, 2015 · The restructuring sees Towergate’s senior secured creditors paying a nominal sum of £1 to take control of the firm and wipe out most of its £1.05bn debt pile. WebFeb 2, 2015 · Towergate Finance Plc said it reached an agreement with creditors to restructure more than 1 billion pounds ($1.5 billion) of debt in exchange for control of the …
High Court approves Towergate’s restructuring - Insurance Times
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Towergate agrees rescue deal with its bondholders - The Telegraph
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