'Detailed' discussions continue over Uniq 90% debt for equity swap

clock

Uniq is still in "detailed" discussion with The Pensions Regulator and the Pension Protection Fund over handing 90% of its equity to its scheme trustees, it has confirmed.

The chilled foods manufacturer today issued its fourth quarter trading update statement in which it said discussions were ongoing over the 90% debt for equity swap agreement to tackle its £436m leg...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Defined Benefit

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

DB schemes continue to be in surplus in March despite number of challenges, PwC finds

Consultancy warns schemes facing number of challenges following recent market volatility

Martin Richmond
clock 11 April 2025 • 3 min read
Charity DB schemes' positive funding levels to encourage focus on endgame planning

Charity DB schemes' positive funding levels to encourage focus on endgame planning

Spence report finds 44% of charities no longer making deficit recovery contributions

Martin Richmond
clock 10 April 2025 • 3 min read
PPF 7800 aggregate surplus falls by £17bn in March

PPF 7800 aggregate surplus falls by £17bn in March

Lifeboat fund’s index shows funding ratio dropped by 1.4% in March to 124.7%

Martin Richmond
clock 08 April 2025 • 3 min read
Trustpilot