Terra Firma fights to meet debt obligations

Owner Guy Hands struggles to persuade investors to find £105m after music group breaks terms of loan covenants The future of music group EMI is on a knife edge as its owner, Terra Firma, struggles to persuade investors to stump up £105m to make good a funding shortfall after the company breached the terms of covenants agreed with its bank. Terra Firma, the private equity house led by Guy Hands …

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Terra Firma fights to meet debt obligations

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