19 Mar 2018
Toys “R” Us announced last week that it has so far failed to find a buyer or reach a debt restructuring deal, raising the prospect of widespread store closures and job losses. While a rescue package could yet emerge, the future is looking far from rosy for the toy store.
M&G fund manager and deputy head of retail fixed interest Stefan Isaacs joins Mario Eisenegger this week, to discuss prospects for the firm’s high yield bondholders, and share his wider view of the outlook for the retail market.