DESIGN and engineering consultancy group WYG today hailed the completion of its refinancing deal as the "beginning" of the next stage of its development.

The group's restructuring saw a debt-for-equity swap in which shareholders in the Leeds-based business accepted a significant dilution of their stakes by approving the plans.

The alternative would have meant their shares being worth nothing and the business probably being placed into administration with the loss of 2,700 jobs.

Now WYG - which has rebranded fr......for the full story register now for free or login below...