Investors in the retailer Debenhams are ready to support a rights issue at the company.
It is expected to be announced this week when the group delivers its full-year results, according to analysts.
However, a Pall International analyst points out the problem is the weak shareholder base, with Baugur, Texas and CVC forming a large part of the total.
Debenhams hired Lazards in January to examine the renegotiation of its £900m debt pile beyond its repayment deadline of 2011.
Results are also expected the week from retailer French Connection.
The Independent on Sunday 15/03/08 page 81
