Smiths City delays repaying $1.5m of ASB Bank debt
The retailer says four more weeks means it has the ‘space’ to seek more funding.
Smiths City has delayed for a month paying ASB Bank back $1.5 million due tomorrow as the listed retailer seeks more funding from “strategic investors” to help manage the disruption caused by the Covid-19 pandemic.
The Christchurch-based furniture and appliances retailer updated the NZX this
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