CR-2025-004514 - [2025] EWHC 2755 (Ch)

Fecha: 24-Oct-2025

That Pepco would leave the Unsecured Loans (then amounting to some £245 million) outstanding according to their terms That Pepco would provide a further overdraft facility of £30 million at an interest rate of 2% per annum if a restructuring plan was

(c)

That Pepco would leave the Unsecured Loans (then amounting to some £245 million) outstanding according to their terms;

(d)

That Pepco would provide a further overdraft facility of £30 million at an interest rate of 2% per annum if a restructuring plan was approved (also on a subordinated basis);

(e)

That Peach would provide a Working Capital Facility (“WCF”) of £80 million repayable on 1 September 2025 (of which only £60 million could be drawn before approval of a restructuring plan);

(f)

That Peach would provide an additional £15 million to the WCF if a restructuring plan was approved;

(g)

That Peach would receive 50% of recoveries under the Secured Loan subject to an incrementally increasing cap;