Loan & Debt17 Apr 2026, 05:22 pm
PC Jeweller reduces debt by another 10%, repays over 90% total
AI Summary
PC Jeweller Ltd has announced a further reduction in its outstanding bank debt by approximately 10%. This latest repayment brings the total debt discharged and repaid to more than 90% of its outstanding bank debt since the initial settlement agreement. The company is reaffirming its commitment and swift progress towards its financial goal of achieving a debt-free status in the near future.
Key Highlights
- PC Jeweller reduced outstanding bank debt by another 10%.
- Company has now repaid over 90% of its total bank debt.
- This marks significant progress towards a debt-free status.