DTB throws Tuskys lifeline in Sh1.7bn loan restructure

tuskys (2)

A Tuskys branch in Nairobi. FILE PHOTO | NMG

Tuskys has disclosed that DTB Bank has agreed to restructure a Sh1.7 billion short-term loan, offering a reprieve to the retailer facing the threat of liquidation on mounting debts.

The cash-strapped supermarket chain says DTB has agreed to lengthen the repayment of the loan to an undisclosed period to ease repayment.

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