Morrisons - comment
If the rumour of a £200m sale and leaseback deal is true, this would add around £14m to interest costs. Morrisons has no near-term maturities, so the additional cash is likely to be for further price support.
If the rumour of a £200m sale and leaseback deal is true, this would add around £14m to interest costs. Morrisons has no near-term maturities, so the additional cash is likely to be for further price support.