BrewDog Unsecured Creditors to Lose Almost Everything

BrewDog Unsecured Creditors to Lose Almost Everything

BrewDog's unsecured creditors, owed about £190m, will get less than 1p per £1 owed, administrator AlixPartners warned. The shortfall covers unpaid wages, tax owed to HMRC and overdue supplier bills. Secured lender HSBC, first in line for repayment, is expected to recover about £42m of the £61m it is owed.

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