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Intu updates on trading as debt reduction takes centre stage

Incoming CEO Matthew Roberts outlined series of options being reviewed and revised back rental expectations

Intu’s incoming chief executive Matthew Roberts made it clear in a first trading update since taking the reins that his priority was reducing group loan to value this morning, with a potential £750m refinancing of its £2.1bn intu Trafford centre that would enable a part disposal in the future central to the strategy.

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