Troubled luxury goods group Waterford Wedgwood is considering a bond issue or equity placing to help refinance its €357m debt pile.
After today's annual general meeting chief executive Redmond O'Donohue said a menu of refinacing options was being considered, but he said an equity placing was far down the menu.
Despite cutting 1000 jobs in the UK and 230 in Ireland, O'Donohue said further job cuts couldn't be ruled out if the difficult economic environment didn't improve.
In an update on trading the company said whilst April and May had been extremely difficult, there was some improvement in June and July, with sales down 3% on last year.
