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Debenhams insists on “healthy balance sheet” after credit insurers’ withdrawal

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Debenhams has insisted it has a “healthy balance sheet and cash position” after credit insurers withdrew their cover to suppliers of the retailer. According to The Sunday Times , Euler Hermes reduced its cover amid concerns Debenhams was struggling to pay its bills in full and on time. Other credit insurers Atradius and Coface have also reportedly refused to cover new shipments for Debenhams in recent days

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Debenhams insists on “healthy balance sheet” after credit insurers’ withdrawal

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