3/02/2010 Borrowing Facility

There were also reports this week that 125 of the more successful stores could be saved under the Woolworths brand name, although Deloitte was unavailable for comment.
Woolworths opened its first UK store in Liverpool in 1909 but went into administration last month as debts and losses mounted.
Restructuring specialist Hilco had earlier failed in its attempt to buy the company's stores for £1 and assume a major share of its £385 million borrowing facility.