Management at the Poundstretcher discount chain say they have exited a two year CVA after repaying creditors at a rate of 12p in the pound.
The business brought in the legal arrangement back in July 2020 to find a way of offloading high rent stores.
It means the Leicestershire headquartered discount chain has paid off around £13 million of what it owed, from a total of around £100 million.
